What’s New
RFS costs part II: Would you pay $770 for an extra gallon of corn ethanol?
Pay close attention as we continue diving into Renewable Fuel Standard (RFS) costs, because $770 per gallon is what the Environmental Protection Agency (EPA) is considering having you pay next year for every extra gallon of corn ethanol that might get blended BECAUSE of the RFS.
EPA’s RFS proposal doesn’t square with the ‘energy dominance’ agenda
The 2026-2027 Renewable Fuel Standard (RFS) proposal from the Environmental Protection Agency can only be met if the United States significantly INCREASES imports of foreign biofuels and feedstocks. In short, the RFS proposal is at odds with the President’s ‘energy dominance’ agenda.
Issues and Policies
18.6 million
U.S. refining increased to more than 18.6 million barrels per day, almost 20% of global capacity.
$185 billion
Petrochemical manufacturers have invested $185 billion to expand operations to meet growing demand.