House moves forward on ethanol reform, but no bill yet

The House Energy and Commerce Committee is on course to create legislation to develop a national biofuel program that places consumers first, said Rep. Greg Walden of Oregon, the Republican chairman of the committee, on Wednesday.

The committee’s environment panel held its fifth hearing Wednesday on reforming the nation’s biofuel program, with the intention of educating members on the intricacies of ethanol credits before possibly dropping a Renewable Fuel Standard bill later this year.