Tag: RFS

Study says fixing RFS is getting easier and easier

Study says fixing RFS is getting easier and easier

February 17, 2018 |

In Illinois, a new study from the University of Illinois analyzes why the gap between the ethanol blend wall and the conventional ethanol mandate is so important to understanding the movement of ethanol RINs prices, how the gap is rapidly shrinking, and what this means for the future ethanol RINs price levels. The report said […]

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RFA calls for united front against RFS reforms

RFA calls for united front against RFS reforms

February 13, 2018 |

In Texas, the head of the Renewable Fuels Association has called for the ethanol industry to stand strong in a united front against attempts to reform the Renewable Fuel Standard in light of the recent bankruptcy of independent refiner Philadelphia Energy Solutions. The company claims compliance costs with the RFS put it in financial jeopardy […]

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Sierra Club teams on lawsuit challenging EPA’s 2018 RFS volumes

Sierra Club teams on lawsuit challenging EPA’s 2018 RFS volumes

February 12, 2018 |

In Washington, the Sierra Club and the Gulf Restoration Network filed a lawsuit in D.C. Circuit Court challenging the Environmental Protection Agency for failing to consult with wildlife agencies to ensure that its 2018 renewable fuel volume standards do not jeopardize federally listed species. The suit claims dramatic land conversion has occurred as a result […]

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Senator Grassley tries to work around Senator Cruz’s RFS-based confirmation vote block

Senator Grassley tries to work around Senator Cruz’s RFS-based confirmation vote block

February 8, 2018 |

In Washington, Iowa Senator Chuck Grassley is seeking a workaround with Senate colleagues to move forward with the confirmation of the proposed Under Secretary of Agriculture for Farm and Foreign Agricultural Services at the USDA who has been kept from a vote due to a block by Senator Ted Cruz seeking to reform RIN policy […]

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Grassley reveals internal staff report analyzing bad news for RFS

Grassley reveals internal staff report analyzing bad news for RFS

February 6, 2018 |

In Washington, Sen. Chuck Grassley of Iowa released an internal memorandum produced by his energy policy staff who analyzed recent claims made by opponents of the Renewable Fuel Standard (RFS), including Philadelphia Energy Solutions (PES), which attributed its recent bankruptcy filing in part to the RFS. The analysis finds that the biofuels blending requirement and […]

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RIN prices slide as 27 small refiners seek RFS waivers

RIN prices slide as 27 small refiners seek RFS waivers

January 29, 2018 |

In Washington, Reuters reports that RIN prices for corn ethanol sank to a nearly eight-month low of 61 cents on Thursday following it breaking the news about an unusually high numbers of small refiners—a total of 27—requesting waivers by the Environmental Protection Agency from compliance with the Renewable Fuels Standard. In a typical year, about […]

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EPA criticized for RFS small refinery exemption provisions

EPA criticized for RFS small refinery exemption provisions

January 27, 2018 |

In Washington, D.C., the Renewable Fuels Association sent a letter to EPA Administrator Scott Pruitt about the “lack of transparency” in EPA’s management of the Renewable Fuel Standard’s (RFS) small refinery exemption provisions. The letter from RFA President and CEO Bob Dinneen warns that “an ill-conceived and unauthorized expansion of this exemption could destabilize the […]

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NBB says installed capacity enough to supply biodiesel for RFS

NBB says installed capacity enough to supply biodiesel for RFS

January 24, 2018 |

In Texas, with 2.5 billion gallons of installed capacity “ready to go”, Platts reports that the National Biodiesel Board believes the domestic biodiesel industry can produce enough to satisfy 2.1 billion gallons required under the Renewable Fuel Standard for 2018 and 2019 without need for imports. Up to a third of biodiesel applied toward the […]

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EPA and RFS to be tested by potential refinery bankruptcy

EPA and RFS to be tested by potential refinery bankruptcy

January 21, 2018 |

In Pennsylvania, the potential bankruptcy of Philadelphia Energy Solutions refinery could test the RFS by seeing if the U.S. government can collect biofuels related debt from a company in pain. As the oldest and largest refiner on the East Coast, Philadelphia Energy Solutions likely is carrying a shortfall of RFS credits worth over $100 million, […]

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Vermont congressman continues push to remove ethanol from RFS

Vermont congressman continues push to remove ethanol from RFS

January 10, 2018 |

In Vermont, the state’s only member of the House of Representatives continues to push for the removal of ethanol from the Renewable Fuel Standard, this time snowmobiling with the state’s snow travellers association to demonstrate how small engines can allegedly be damaged by ethanol. He refers to the law as being a flop despite its […]

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