New Senate Bill to Annul Renewable Fuel Standard

The “Renewable Fuel Standard Repeal Act” aims to annul RFS on grounds that increasing demand for corn-based ethanol has raised the prices of livestock, food products, and transportation fuel.   On June 20, 2013, a bipartisan group of senators led by Sen. John Barrasso (R-WY) introduced a bill aimed to annul the Renewable Fuel Standard…