One of the main goals of the RFS was to get us off any imported energy sources.
I would tell you, looking back on it, 10 years later, we obviously have seen great progress in corn-based ethanol.
According to CBO, if the RFS was repealed or if its future mandates were kept at previously proposed 2014 levels, corn-based ethanol product...
So if I remember correctly, and again, it is off the top of my head, about eight million additional acres are now corn that used to not be c...
the innovation we want to be able to maintain. Obviously that is part of where we are. We always want to be able to innovate in energy.
the statute itself does not work with the gallons requirement, based on the gallons that we are using.
I am all for an open process on it. It is a complicated, difficult issue.
It has spurred investment in domestic energy production. It has helped grow our economy throughout the Midwest.
Congress created the unworkable RFS formula. The EPA is left trying to make it work anyway.
Thank you both, again, for all of the ongoing service that you have had for a very long time and for what you are continuing to do.
It has been a concern, and there has been a lot of dialogue about just what you just said.