President Obama’s green energy initiative, coupled with the precipitous rise in gas prices, has led to a spike in grease thefts.
An oil and gas trade group filed a lawsuit Monday challenging the Environmental Protection Agency’s renewable fuel regulations, saying the rules are unachievable and amount to a stealth tax on the industry. The American Petroleum Institute has requested that the D.C. Circuit Court review the EPA’s rules for cellulosic biofuel. In a statement, API Director of Downstream and Industry Operations Bob Greco said the EPA’s mandate was “divorced from reality” and “forces refiners to purchase credits for cellulosic fuels that do not exist.”