Summer driving season is nearing its peak and as events continue to unfold in Egypt, gas prices are again expected to spike. To learn more about the reasons behind rising fuel prices, Fuels America hosted a media briefing with several energy experts to provide a panoramic view of the real drivers behind volatile gas prices.
Speakers discussed how renewable fuel drives gas prices down and provides the only market competition to oil; how oil markets are global in nature and are affected by both domestic and international forces; and common myths around the relationship between gas prices and Renewable Identification Numbers (RINs).
Energy experts included Geoff Cooper, VP of Research and Analysis, Renewable Fuels Association (RFA); Anne Korin, Co-director of the Institute for the Analysis of Global Security; Anna Rath, CEO, NexSteppe; and Bruce Vollan, Owner, Vollan Oil – a family-owned gas station in South Dakota that provides choice at the pump for customers by selling E15, E85, and other fuels.
Listen to the full media briefing here: From Middle East to Midwest