By Jeremy Jacobs - 05/04/07 02:26 PM EDT
In four similar letters to the chief executives of ExxonMobil, British Petroleum, Chevron and Conoco Phillips, Grassley says an April 2 Wall Street Journal article revealed ethanol policies that gainsay the protocols the companies discussed under oath in a March 14, 2006 Senate Judiciary Committee hearing.
The senator also noted some of the specific practices oil companies have engaged in to deter the sale of ethanol.
“Chevron’s agreement with franchises discourages selling E-85 [ethanol] under the main canopy and includes policies that are claimed to prevent franchises from deceiving customers as to the source of the product,” he said in his letter to Chevron chief executive David O’Reilly.
Grassley, a staunch supporter of developing E-85 ethanol as an alternative to gasoline, said the article shows the companies are “a key obstacle to expanding the availability of alternative fuels” and asked each executive to reconcile their companies’ testimony with the findings of the article by May 25.
“Renewable fuels are a key factor in our energy future,” Grassley said in a statement Friday. “And it appears Big Oil is throwing up roadblocks every chance they get.”