Our statement on the release of President Barack Obama’s energy blueprint
Posted 15 March 2013 in
We commend President Obama’s commitment to move America toward oil alternatives – the best way to reduce pain at the pump and address climate change.
The Energy Security Trust Fund is a major step in this direction, and cost-effective, homegrown renewable fuel will play a central role. The initiative could not come at a better time, as gas prices and global temperatures are on the rise, and the oil industry is redoubling its efforts to block alternatives.
In 2012, 13 billion gallons of domestic, renewable fuel were blended into the American fuel supply, not only contributing to the reduction of carbon emissions by 13% nationally, but also employing over 380,000 Americans. Further innovation and growth of renewable fuel will continue to lower gas prices, reduce harmful emissions and protect us from volatile oil markets.
Renewable fuel is a key facet in President Obama’s energy strategy and the renewable fuel industry is united and ready to contribute to those aims.