This week, AFPM joined API and industry associations representing fuel retailers, gasoline marketers, convenience stores and tank truck carriers to field questions from the media about the ongoing fuel distribution challenges resulting from the Colonial Pipeline shutdown.
The Wall Street Journal editorial board is questioning the legality and rationality of President Trump’s recent order to have the Environmental Protection Agency (EPA) change long-standing Clean Air Act rules to accommodate the year-round sale of E15 fuel (gasoline blended to contain 15-percent ethanol).
WASHINGTON, D.C. – Statement from Chet Thompson, President and CEO of the American Fuel & Petrochemical Manufacturers (AFPM), in response to the letter sent by 21 senators to Acting Administrator Wheeler of the Environmental Protection Agency.
During a recent visit to Iowa — smack in the middle of corn country — the President announced a policy change that would direct the Environmental Protection Agency (EPA) to waive Clean Air Act rules and permit the year-round sale of E15 (gasoline with 15-percent ethanol).
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.
Twenty senators delivered a letter to President Trump yesterday firmly stating their opposition to rumored regulatory action to expand the sale of E15 fuel.
Much of the focus within the Renewable Fuel Standard is on corn ethanol and the 15-billion-gallon conventional biofuel mandate. But less critically examined in this policy administered by the Environmental Protection Agency is the mandate for advanced biofuels, including biodiesel.
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).