A number of companies running or licensing gas stations in the US are uniting to rebut a proposed revision to the country’s ethanol blending mandate, Renewable Fuel Standard, which they believe will affect them in a negative way.
Called the Main Street Energy Alliance, this group of companies is fighting a proposal by the Environmental Protection Agency (EPA) that would require gas stations to comply with the mandate, instead of refineries. As it has been pointed out, this proposal is backed by the high-profile billionaire investor Carl Icahn, who owns the CVR Energy refinery, which is said to gain millions of dollars each year if the change is implemented. Now, the members of the alliance, which support only small businesses, claim that the change will definitely hurt them.
The alliance’s spokesperson, Michael Steel from Hamilton Place Strategies, explained:
“A small group of refiners and their investors are trying to push through changes to the RFS to line their pockets at the expense of consumers and small businesses.
“Shifting the point of obligation would add complexity for businesses, decrease the use of biofuels and potentially increase costs for consumers. Many energy businesses and consumers on Main Streets across this country could be negatively impacted by this effort to reward just a small few.”
Scott Pruitt, the EPA administrator, has yet to comment on whether he supports the proposal or not, only stating that it is under consideration.
The members of the alliance include 7 Eleven Inc., BP, Cumberland Farms, QuikTrip, Sheetz Inc., NATSO Foundation, and the National Association of Convenience Stores.