Tag: RFS

RFS volumes for 2017 back on following expiry of regulatory freeze

RFS volumes for 2017 back on following expiry of regulatory freeze

March 22, 2017 |

In Washington, the Regulatory Freeze Pending Review by the new US administration, which was applied to the renewable fuel volume requirements for 2017, has expired. Hence, the Environmental Protection Agency (EPA) continues to implement the final ruling under the Renewable Fuel Standard (RFS) program as published on 23 November 2016. The ruling calls for increases […]

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Veterans send letter Trump urging rule for ethanol and RFS in his energy plan

Veterans send letter Trump urging rule for ethanol and RFS in his energy plan

March 21, 2017 |

In Washington, more than 120 military veterans working and investing in the ethanol industry sent a letter to President Trump last week, urging him to include a prominent role for ethanol and the Renewable Fuel Standard (RFS) in his “America First Energy Plan.” According to the letter, “many of us have witnessed firsthand the dangers […]

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Goodlatte leads 41 Congressmen in RFS reform bill

Goodlatte leads 41 Congressmen in RFS reform bill

March 13, 2017 |

In Washington, Reps. Bob Goodlatte (R-Va.), Jim Costa (D-Calif.), Steve Womack (R-Ark.), and Peter Welch (D-Vt.) reintroduced the Renewable Fuel Standard (RFS) Reform Act (H.R. 1315) earlier this month. The RFS Reform Act eliminates corn-based ethanol requirements, caps the amount of ethanol that can be blended into conventional gasoline at 10 percent, requires the EPA […]

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RFS rumors squeezed hedge funds and forced them to short the market across ags

RFS rumors squeezed hedge funds and forced them to short the market across ags

March 7, 2017 |

In Illinois, US President Trump’s alleged deal making to reform the Renewable Fuel Standard got commodities markets moving last week that in turn squeezed hedge funds into a place they weren’t happy to be in. Funds cut their net longs in agricultural futures by nearly 123,000 contracts during the last week of February. Though selling […]

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Trump Administration faced with sticky wicket on RFS PoO

Trump Administration faced with sticky wicket on RFS PoO

March 2, 2017 |

In Washington, despite the White House’s denial that no executive order is in the works to shift the point of obligation under the Renewable Fuel Standard, Bloomberg reports that a flurry of meetings between the Trump Administration, members of Fuels America, the American Petroleum Institute and others have been held on the issue over the […]

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House Republicans look to reform RFS with eye on eliminating it all together

House Republicans look to reform RFS with eye on eliminating it all together

March 1, 2017 |

In Washington, the new chair of the House Energy and Commerce Committee said Republicans are looking to push legislation through this year that would amend the Renewable Fuel Standard as a key priority, along with rules to make pipeline project approvals easier. The head of the committee’s subcommittee on environment said the goal is really […]

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Fuels America dumps Renewable Fuels Association over Icahn deal

Fuels America dumps Renewable Fuels Association over Icahn deal

February 28, 2017 |

In Washington, the Fuels America coalition resolved to reject a play by Carl Icahn, owner of CVR Refining, to permanently destabilize the Renewable Fuel Standard (RFS) and has severed ties with the Renewable Fuels Association (RFA). The Fuels America coalition has issued the following statement: “Fuels America represents a diverse coalition, from farmers to scientists, […]

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Who’s Afraid of the Big, Bad RFS? The Story of Tesoro and the Three Little Pigs

Who’s Afraid of the Big, Bad RFS? The Story of Tesoro and the Three Little Pigs

February 27, 2017 |

Here is a link to a thought-provoking document that you might like to read – the sad tale of how oil refiners reacted in different ways to the advent of the Renewable Fuel Standard. Some developed a strategy, some invested, others sat around wishing for renewable fuels to go away. It’s a long document, but […]

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RFA teaming with oil industry to battle growth of electric cars on the market

RFA teaming with oil industry to battle growth of electric cars on the market

February 22, 2017 |

In Washington, the Renewable Fuels Agency is teaming with the oil sector represented by the American Fuel and Petrochemical Manufacturers to lobby for a level playing field when it comes to electric vehicles versus combustion vehicles. As more electric vehicles hit the road, they are beginning to erode the market share for vehicles that run […]

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Lobbies rush to the finish line over RFS point of obligation

Lobbies rush to the finish line over RFS point of obligation

February 22, 2017 |

In Washington, the fight over the point of obligation for the Renewable Fuel Standard is heating up again, with API submitting comments on Wednesday to the Environmental Protection Agency in support of the agency’s proposed decision to reject moving the Point of Obligation for RFS compliance. On the other side of the debate, truck stop […]

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