Fix the Renewable Fuel Standard to Lower Gas Prices and Support the Global Economic Recovery

“Today, my Director of the National Economic Council has asked the Chair of the Federal Trade Commission to use every available tool to monitor the U.S. gasoline market and address any illegal conduct that might be connected to or contributing to price increases at the pump while the cost of barrel oil is going down.

“We also made clear to OPEC — the major oil-exporting nations of the world — that the production cuts made during the pandemic should be reversed as the global economic — there as the global economy recovers, in order to lower the prices for consumers.”

Specifically, the administration can start by reviewing the added costs associated with EPA’s Renewable Fuel Standard, which mandates certain volumes of biofuel to be blended in our nation’s gasoline.

Instead of asking foreign nations to ramp up oil production overseas, President Biden should use his own authority and help American industries and workers at home.

President Biden should seize this win-win opportunity to lower gas prices, support the global economic recovery, and protect thousands of jobs.

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A coalition of union workers, local gas station owners, small retailers, and independent American refiners fighting to fix EPA’s flawed Renewable Fuel Standard.

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Fueling American Jobs Coalition

Fueling American Jobs Coalition

A coalition of union workers, local gas station owners, small retailers, and independent American refiners fighting to fix EPA’s flawed Renewable Fuel Standard.

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