Eight midwestern governors have petitioned the EPA seeking to opt their states out of the federal 1-pound Reid Vapor Pressure (RVP) waiver which is a requirement to sell the current summertime blend of E10 gasoline. If these requests are granted, the E10 gasoline currently sold in most of the country during summer months will no longer be offered for sale in these states and annual costs to introduce a new gasoline bend will range from $500-$800 million each year.
AFPM President & CEO Chet Thompson was a guest on a recent broadcast of “The Labor & Energy Show”, which airs up and down the Mid-Atlantic coast. Also joining as guests this episode were Kathleen...
In a tight refined product market it has been U.S. refiners that have stepped up. Our industry ran full-out for most of 2022 making sure American consumers, our domestic economic centers and our allies had enough gasoline, diesel and jet fuel to keep everyone moving. Our refining sector leads the world in liquid fuel production and is effectively doing more than any other to bring better balance to the global market.
When Congress created the Renewable Fuel Standard, the intent was clear. The RFS was supposed to build a market for American-grown biofuels and support domestic energy security. Today, EPA wants to deviate wildly from this course. Instead of maintaining the RFS as a program for liquid transportation biofuels, EPA’s RFS proposal for 2023 to 2025 would begin transforming the RFS into yet another huge government subsidy for electric vehicles.
AFPM Senior Director of Fuels & Vehicle Policy Patrick Kelly today issued the following statement on EPA's announcement that it will grant requests from eight Midwestern states to remove the 1.0 psi RVP waiver from summertime gasoline effective next year. If implemented, these states will no longer be able to sell the current blend of summertime gasoline and a new grade of gasoline will need to be manufactured and supplied to the region.
Facilitators:
Andrew Jakubowski, Flint Hills Resources, LLC
Michael Menosky, Monroe Energy LLC
Speakers:
Kevin Harkness, Monroe Energy, LLC
Piotr Majcher, Monroe Energy, LLC
Drake Wilson, Monroe Energy, LLC
This session will highlight Monroe Energy, a small northeast refinery, and their journey toward replacing one of their oldest and most prolific processing assets: the Fluid Catalytic Cracking (FCC) Reactor. The presenters will provide an overview of the project conception, engineering, fabrication, logistics, installation, and post start-up operation. A key focus will be the discussion of challenges and successes from the construction phase of the project, as well as lessons learned for future events.
Unpredictable costs associated with Renewable Fuel Standard (RFS) compliance are a reality for refiners in the United States, and debates about small refinery exemptions (SREs) must remain honest and grounded in data.