Limiting California’s access to the exact types of crude oil its facilities need will only increase prices for the state’s consumers and travelers. Drivers are already dealing with gasoline prices in excess of $5 per gallon and the highest fuel taxes of the 50 states. Confining energy producers and consumers to a smaller pool of crude oil will make a very sensitive price environment that much worse.
The beginning of fall once again marks the start of another school year filled with endless possibilities for wide-eyed students eager to learn. For AFPM, the beginning of the school year is yet...
In 2015, after years of building a collection of over 600 pipeline real-world “test specimens” to be used for advanced pipeline safety research, the Pipeline Research Council International (PRCI) opened the Technology Development Center (TDC) in Houston, Texas.
The Renewable Fuel Standard is more expensive in 2021 than at any other point in the program’s 15-year history. Soaring RFS prices signal that the RIN bank could run dry.
EPA has waived cellulosic biofuels in the Renewable Fuel Standard (RFS) program (see January 2015 blog - "Cellulosic RFS Waiver History," and December 2015 blog – "Update: RFS Cellulosic Biofuel Waivers").
Although AFPM President Chet Thompson’s Congressional testimony on the flawed Renewable Fuel Standard (RFS) runs to 24 pages, the message contained within is very simple: the proposed 2017 RFS rule exemplifies everything that’s wrong with the program, and it needs to be ended before 2022.
Good morning Chairman Whitfield, Ranking Member Rush, and members of the Subcommittee. I appreciate the opportunity to testify before you today. My name is Chet Thompson and I am the President of the...
The cost of Renewable Fuel Standard (RFS) compliance credits, specifically D6 renewable identification numbers (RINs), is out of control. Sales of D6 RINs for conventional ethanol recently registered above $1.90 (the highest trades in history).