The beginning of the summer season also marks the start of the long hurricane season. While summer lasts for three short months, hurricane season hangs around much longer, from June 1 to November 30.
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 issued the following statement today on the Researching Efficient Federal Improvements for Necessary Energy Refining (REFINER) Act (H.R. 3109), which is set for a vote in the House of Representatives.
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.
As biofuel producers know very well, ethanol is a highly valued octane booster that can depend on market demand, not mandated consumption, for its competitive edge.
A diversity of consumer groups, environmental organizations, food producers and engine manufacturers joined AFPM in voicing their opposition to the unsustainable ethanol mandates released by the Environmental Protection Agency (EPA) for 2019.
There aren’t many production facilities in the country more secure than refineries. Leaders in the fuel and petrochemical industries pride themselves on workplace safety and security, which is evident based on even a cursory glance at any AFPM member’s annual security report.
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).
Congress established the mandate for cellulosic biofuel under the RFS in 2007. The basic idea was that requiring ambitious volumes of cellulosic fuel to be incorporated into the fuel supply would create and simultaneously mature the market for cellulosic ethanol and biofuels, but that’s not what happened.
