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PRES TRUMP SENDS LETTER SUPPORTING RENEWABLES TO ETHANOL GROUP
DTN reports:

On Tuesday, President Trump sent a letter of support to attendees of the National Ethanol Conference, reiterating his support for the renewable fuels industry.

"Rest assured that your president and this administration value the importance of renewable fuels to America's economy and to our energy independence," Trump said in the letter.

"As I emphasized throughout my campaign, renewable fuels are essential to America's energy strategy. As important as ethanol and the Renewable Fuel Standard are to rural economies, I also know that your industry has suffered from overzealous, job-killing regulation.

"I am committed to reducing the regulatory burden on all businesses, and my team is looking forward to working with the Renewable Fuels Association and many others, to identify and reform those regulations that impede growth, increase consumer costs, and eliminate good-paying jobs without providing sufficient environmental or public health benefit," Trump said.

During the panel discussion, one oil industry representative said the new administration is opening doors for his industry and renewable fuel interests to find common ground.

"I think we all have an opportunity to take a deep breath," said Marty Durbin, executive director for market development at the American Petroleum Institute, or API.


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