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 reallocation proposal could raise Americans’ 2026-2027 RFS bill to $150 billion, but if soybean oil prices jump significantly, total costs could reach $190 billion.
WASHINGTON, D.C. — American Fuel & Petrochemical Manufacturers (AFPM) President and CEO Chet Thompson sent a letter to EPA Administrator Lee Zeldin Wednesday urging EPA to avoid a repeat of last year’s 11th hour emergency RVP waivers for summer gasoline sold in the Midwest. Excerpts from AFPM’s letter and a brief explainer of E10 and E15, summer gasoline, and RVP waivers are included below.
