A nationwide 95 RON octane standard for vehicles can deliver major carbon reductions in the nation’s light-duty auto fleet faster and at a lower cost than any other proposal being considered by policymakers right now, especially policies seeking to force nationwide vehicle electrification.
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.
Building on decades of broader efforts alongside automakers to advance fuel-efficient technologies and vehicles, refiners are leading the effort to transition the U.S. to high-octane gasoline.
Often overlooked in the compendium of efforts toward a cleaner vehicle fleet are bold, industry-led innovations inefficient liquid fuels, vehicle designs and internal combustion engines that continue to dramatically reduce tailpipe emissions.
WASHINGTON, D.C. – AFPM President and CEO Chet Thompson today issued the following statement in response to the Trump Administration’s decision not to appeal the 10th Circuit ruling that would effectively end the small refinery relief program established by Congress under the Renewable Fuel Standard.
America’s refiners and motor gasoline suppliers are facing an unprecedented inventory management challenge as the national response to COVID-19 has reduced domestic demand for fuel.
