EPA says compliance with 2016 RFS could cost p to $590 million

In Washington, the Environmental Protection Agency’s Fall 2015 Statement of Regulatory Priorities estimates that compliance with the RFS to be announced by month’s end will cost between $118 million and $595 million in 2016, based on the previously announced 17.4 billion gallons. Reduced gasoline demand means that blending at estimated levels will break the blend wall of 10% nationally. The policy document alleges there will be zero dollars in benefits from the RFS mandate, only costs.