WASHINGTON, D.C. — American Fuel & Petrochemical Manufacturers (AFPM) President and CEO Chet Thompson issued the following statement today on the Environmental Protection Agency’s (EPA’s) announcement of a record-breaking final Renewable Fuel Standard (RFS) rule covering years 2026 and 2027:
“It’s baffling, with fuel prices already rising due to the conflict in Iran, that EPA is finalizing a rule that will make things far worse for consumers. The RFS already costs nearly 25-cents per gallon, and today’s rule will undoubtedly add tens of billions more. This is not what energy dominance looks like.”
The 2026-2027 RFS Renewable Volume Obligations (RVOs) finalized by EPA are the largest in history and the mandate is projected to be the most expensive. RFS compliance costs hit all-time records this week, nearing 25 cents for each gallon of gasoline and diesel fuel produced in the United States.
For more information on the RFS, see these AFPM resources:
- The only lawful, acceptable number for RFS reallocation is zero
- RFS costs part I: Will the ’26-’27 RFS ‘unleash’ affordable, reliable energy?
- RFS costs part II: Would you pay $770 for an extra gallon of corn ethanol?
- EPA’s RFS proposal doesn’t square with the ‘energy dominance’ agenda
- AFPM: EPA reallocation proposal is a multi-billion-dollar addendum to a $70 billion RFS
- AFPM applauds Senator Lee’s bill to address reallocation
- AFPM response to EPA actions on RFS small refinery waiver backlog
- AFPM: RFS proposal misses the mark on affordability, security by an ‘Iowa mile’
The American Fuel & Petrochemical Manufacturers (AFPM) is the leading trade association representing the makers of the fuels that keep us moving, the petrochemicals that are the essential building blocks for modern life, and the midstream companies that get our feedstocks and products where they need to go. We make the products that make life better, safer and more sustainable — we make progress.
