[ad_1]
The American Petroleum Institute (API) as we speak urged Congressional management to undertake a extra balanced and up-to-date method to E15 laws, warning the present proposal now not displays as we speak’s gas market realities.
In a letter to Senate Majority Chief John Thune, Senate Minority Chief Charles Schumer, Speaker of the Home Mike Johnson and Home Minority Chief Hakeem Jeffries, API President and CEO Mike Sommers mentioned sweeping adjustments to federal biofuel coverage, state volatility mandates, and market situations have upended the fuels panorama, prompting API to oppose the Nationwide Client and Gas Retailer Selection Act of 2025 in its present kind.
“Refiners at the moment are navigating shifting federal compliance constructions, a patchwork of state mandates, and a biofuels market that’s unsure,” mentioned Sommers. “Any legislative consideration of year-round E15 ought to replicate as we speak’s realities and never these of the previous. Congress should take a contemporary have a look at how you can promote gas alternative with out undermining funding certainty or market stability.”
The letter particulars how current adjustments to federal tax guidelines, EPA choices, and state-level coverage reversals have imposed new prices on refiners and disrupted the fuels market. Sommers urged lawmakers to pursue a holistic and balanced method to E15 that helps client alternative whereas sustaining dependable, reasonably priced gas provide.
[ad_2]
