Senator Chuck Grassley commented today about the final number released by the Office of Management and Budget (OMB) for the Renewable Fuels Standard volume increase. Senator Grassley joined other senators six months ago in sending the attached letter urging OMB to act on this decision.
"This decision was too long in coming, especially with the negative impact the lack of certainty about policies in Washington is having on America's economy. Biodiesel is a very good example of the impact that regulatory decisions and tax policy have on jobs and the economy. Biodiesel has been a highlight of the Renewable Fuels Standard so far, so moving ahead with this increase is good news for plant workers going forward. Along with creating jobs, biodiesel helps to expand renewable energy sources and reduce dependence on foreign oil."
