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Statement of Bill Graves, President and CEO, American Trucking Associations on White House initiatives to ease gasoline and diesel fuel price crisis In the short term, the actions announced by the President today: a temporary halt to deposits to the Strategic Petroleum Reserve, a possible moratorium on the switch from methanol to ethanol as a fuel additive, and getting a grip on our industry’s “boutique fuels” problem, will buy some time for to us take a very necessary longer look at our energy situation. We have long asked for action in each of these areas.
The U.S. trucking industry, which moves 70 percent of domestic freight, is on schedule to pay $6.6 billion more for fuel this year than last--a total of $94.3 billion, so the actions announced by the White House have the support of our motor carriers.
In the long term, to do our job, we need an assured and adequate supply of fuel along with price stability. While energy conservation and the eventual conversion to new fuels may be the right way to go, each has to be done in a manner that will allow us to continue to move America’s goods ands products efficiently.
As consumers of 44 billion gallons of gasoline and diesel annually, we have a major stake in America’s energy future and gladly offer our unique expertise to help solve these critical issues.” Source: ATA
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