WASHINGTON, D.C. – Today, AFPM President and CEO Chet Thompson issued the following statement on the final RFS volumes announced for 2020 and EPA’s related decision on its supplemental proposal:
"The decision to reallocate is yet another blow to refiners, and it aims to address a problem that doesn’t exist. Ethanol consumption and blending in the U.S. are at all-time highs. There are no lost gallons to replace and there is no basis to consider forcing non-exempt refineries to subsidize their competitors. This unprecedented overreach will be challenged in court.
Inflating the 2020 RFS volume obligations above the already unachievable 2019 marks is at odds with the President’s energy dominance agenda. A biofuel mandate that exceeds what infrastructure can handle and what consumers will buy, will make the cost of doing business much more expensive for U.S. refineries at the direct expense of jobs, economic growth, and community investment."
The American Fuel & Petrochemical Manufacturers (“AFPM”) is a national trade association representing nearly all U.S. refining and petrochemical manufacturing capacity. AFPM members produce the fuels that drive the U.S. economy and the chemical building blocks integral to millions of products that make modern life possible.