That’s looking like a hard no. The Environmental Protection Agency is attempting to finalize the largest and most expensive Renewable Fuel Standard (RFS) mandate in history. This would significantly increase costs for American refiners and consumers.
WASHINGTON, D.C. — American Fuel & Petrochemical Manufacturers (AFPM) President and CEO Chet Thompson today issued the following statement on Senator Mike Lee’s introduction of the “Protect Consumers from Reallocation Costs Act”.
The 2026-2027 Renewable Fuel Standard (RFS) proposal from the Environmental Protection Agency can only be met if the United States significantly INCREASES imports of foreign biofuels and feedstocks. In short, the RFS proposal is at odds with the President’s ‘energy dominance’ agenda.
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.
WASHINGTON, D.C. — American Fuel & Petrochemical Manufacturers (AFPM) President and CEO Chet Thompson today issued the following statement on EPA’s announcement of a supplemental proposal to reallocate regulatory obligations from past and future years as part of the 2026-2027 Renewable Fuel Standard.
WASHINGTON, D.C. — AFPM Senior Vice President of Government Relations & Policy, Geoff Moody, issued the following statement today on Utah’s announcement of an agreement around House Bill 575.
Washington, D.C. — American Fuel & Petrochemical Manufacturers (AFPM) Senior Vice President of Government Relations and Policy Geoff Moody issued the following statement on draft text from the House Energy and Commerce Committee which would implement reforms to the Toxic Substances Control Act (TSCA).
Since TSCA directly affects a company’s ability to make, import, sell and use chemicals, it has implications for entire American supply chains and interstate commerce.
WASHINGTON, D.C. — The American Fuel & Petrochemical Manufacturers (AFPM) recently submitted comments on the Environmental Protection Agency’s (EPA’s) proposed Renewable Fuel Standard (RFS) volumes for 2026 and 2027.
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.
