Renewable Volume Obligations (RVO)

The cost of Renewable Fuel Standard (RFS) compliance credits, specifically D6 renewable identification numbers (RINs), is out of control. Sales of D6 RINs for conventional ethanol recently registered above $1.90 (the highest trades in history).

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.

WASHINGTON, D.C. – AFPM President & CEO Chet Thompson today issued the following statement on the joint effort spearheaded by West Virginia Senator Shelley Moore Capito and 14 of her colleagues.

WASHINGTON, D.C. – Echoing the requests of six state governors, the National Wildlife Federation (NWF) became the most recent EPA petitioner seeking a general waiver to reduce 2020 Renewable Fuel Standard (RFS) compliance obligations.  

WASHINGTON, D.C. – A bipartisan group of governors from Texas, Louisiana, Oklahoma, Utah, and Wyoming have petitioned EPA Administrator Andrew Wheeler to exercise his agency’s general waiver authority to waive Renewable Fuel Standard (RFS) compliance burdens for the year 2020 due to the experience of severe economic hardship throughout the refining industry and nationally amid COVID-19.

WASHINGTON, D.C. – Today, AFPM issued the following statement on the final RFS volumes announced for 2020 and EPA’s related decision on its supplemental proposal.

WASHINGTON, D.C. – Chet Thompson, President and CEO of the American Fuel & Petrochemical Manufacturers, issued the following statement regarding the EPA’s July 5 proposal of new RVOs for 2020 and 2021 under the Renewable Fuel Standard.