Statement from Chet Thompson: A plain reading of the RFS makes clear that Congress intended for the small refinery hardship program to be a lasting safety net. There is no “use it or lose it” provision.
The Supreme Court is set to review RFS small refinery relief—what’s required to qualify and whether any small refinery can be forever disqualified.
EPA Administrator Andrew Wheeler — the 15th person in history to head the Environmental Protection Agency — visited AFPM recently to discuss with Chet Thompson the Agency’s approach to regulatory reform.
Last night, the Governors of Texas, Wyoming, Oklahoma, and Utah joined the Governor of Louisiana in requesting that EPA exercise its general waiver authority to reduce Renewable Fuel Standard obligations to prevent severe economic harm to their states.
The biofuel industry, facing poor margins due to overproduction and declining exports, is trying various tactics to force more ethanol and biodiesel into the U.S. fuel supply.
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.
There is a fundamental flaw in the system designed to ensure compliance with the Renewable Fuel Standard (RFS): The assumption that refiners would not blend ethanol into their fuel were it not for the policy and its threat of crippling costs being imposed on obligated parties who do not blend.