Ethanol, oil interests announce deal on US clean fuels proposals

The American Petroleum Institute said that it has made "a new commitment" with fuel ethanol interests over how policy-makers should update US clean fuel rules."In working together, it is vitally important we recognize each other's needs. You need growth in the ethanol market and certainty about its future. We need a phase-down of [methyl tertiary butyl ether] and elimination of the federal oxygenate mandate. We both must satisfy the needs of our customers," API Pres. Red Cavaney told members of the Renewable Fuels Association at an industry conference in San Diego, Calif., Feb. 28.Renewables agreementsAPI and RFA agreed that there should be no restrictions on where renewables can be u...

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