AFPM recently voiced its disappointment at the decision by the U.S. Supreme Court not to hear ExxonMobil’s challenge to the New Hampshire Supreme Court’s decision to uphold a $236 million judgment against the company’s use of Methyl Tertiary Butyl Ether (MTBE) in the state’s gasoline supply in the 1990s.
A letter from a bipartisan group of 39 senators was sent to EPA on Friday, urging the agency to increase the 2017 renewable volume obligations (RVOs) to the lofty levels set out by Congress back in 2007. It’s an idea that may work in theory, but today’s market realities tell a totally different story.
