Biofuels battle isn’t over yet
POSTED: Wednesday, November 27, 2013 - 8:00am
UPDATED: Wednesday, November 27, 2013 - 8:14am
Buis says oil industry scare tactics contributed to Obama administration decision
Washington, D.C. — The Houston Chronicle is reporting; a leading biofuels backer says oil industry scare tactics prompted the Obama administration to slash renewable fuel targets for next year.
Tom Buis, CEO of the trade group Growth Energy, told Platts Energy Week that the oil industry successfully fanned fears about high gasoline prices tied to the 8-year-old renewable fuels standard.