Oil, renewable fuel heads duel on Capitol Hill Should the federal government continue to require that gasoline be blended with ethanol? Members of Congress received different answers Tuesday as the top executives of four associations made their cases either for or against the federal Renewable Fuel Standard. "The RFS isn't just a relic of America's bygone era of energy scarcity, it is a grave economic threat," said Jack Gerard, CEO of the American Petroleum Institute. "Unless it is immediately halted, it will unnecessarily cost our economy and consumers billions of dollars." The RFS was the topic of a hearing by the House Energy and Commerce Energy & Power… Read More