Tags: rick santorum | oil refiners | renewable fuel standard

Rick Santorum: Oil Refiners on the Greedy Side of RFS Debate

Image: Rick Santorum: Oil Refiners on the Greedy Side of RFS Debate
Oil tankers are seen moored near the Chevron refinery in Richmond, California. (Ben Margot/AP)

By    |   Tuesday, 02 January 2018 12:28 PM

Oil refiners are going to find themselves on the working end of President Donald Trump's ire if they keep attacking the president over the Renewable Fuel Standard (RFS) while bathing in cash, Rick Santorum wrote in a column for the Washington Examiner.

The RFS, which protects American production of biofuels, "is working exactly as intended" today after passage more than a decade ago, Santorum writes.

Refiners weren't happy when Trump and congressional Republicans stood by the RFS, "smearing the president and his allies," but they had better be careful in their criticism, Santorum writes.

"Some petroleum companies seem to be taking their influence for granted, and that could prove their undoing with a White House that is known for drawing a clear line between friends and foes," Santorum writes.

"Thanks to the RFS, billions of dollars have been invested into making America the global leader in biofuel production," Santorum wrote.

"That's why President Trump promised legions of Midwest voters that he would revitalize the rural economy and spur growth in rural towns by expanding the biofuels market," Santorum wrote. "Since then, the president's support for the RFS has been rock solid, helping turn around three straight years of falling farm income under the previous administration. Without the RFS, this would never be possible.

"The RFS makes crystal clear economic sense, and it remains vital to U.S. energy security," Santorum wrote.

"President Trump deserves credit for protecting U.S. energy investments and rejecting deeply flawed arguments from those seeking to destroy rural jobs and undermine U.S. biofuel production," Santorum concluded.

© 2018 Newsmax. All rights reserved.

   
1Like our page
2Share
Politics
Oil refiners are going to find themselves on the working end of President Donald Trump's ire if they keep attacking the president over the Renewable Fuel Standard (RFS) while bathing in cash, Rick Santorum wrote in a column for the Washington Examiner.
rick santorum, oil refiners, renewable fuel standard
259
2018-28-02
Tuesday, 02 January 2018 12:28 PM
Newsmax Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved