The American Coalition for Ethanol (ACE) yesterday confirmed its support of H.R. 1687, the Open Fuel Standard Act of 2011. Supporters of this bill ensuring that more vehicles capable of operating on alternatives to gasoline are available to consumers will be hosting a press conference today in Washington, DC.
ACE Executive Vice President Brian Jennings says the legislation offers a wide range of fuel choices for both consumers and energy independence advocates.
“ACE strongly supports the Open Fuels Standard because it provides consumers with meaningful fuel choices, including American-made ethanol. With gas prices hovering at four dollars a gallon, and with oil companies unapologetic about massive profits, and refusing to even consider changes to their favored tax status, it is time for us to create real competition in the fuel marketplace, and this legislation does just that.”
ACE Executive Vice President of Market Development Ron Lamberty says the industry should be encouraged by the bill.
“ACE has put a great deal of effort into getting more stations to install blender pumps for E85 and midlevel ethanol blends and that effort is bearing fruit now, in large part because automakers have promised to put more flex-fuel vehicles on the road. Let’s face it, the first gas station wasn’t built by somebody hoping Henry Ford would invent a car. Vehicles have to come first.”
“We applaud Representatives Shimkus (R, IL-19) and Engel (D, NY-17) for taking the lead on this important legislation and ACE is proud to support the Open Fuels Standard Coalition efforts to advance this legislation in Congress.” Jennings said.
The Open Fuels Standard would require that 50 percent of new automobiles in 2014, 80 percent in 2016, and 95 percent in 2017 would be warranted to operate on nonpetroleum fuels in addition to or instead of petroleum based fuels. To learn more about the bill, click this link: http://capwiz.com/ethanol/home/
Source: American Coalition for Ethanol