WASHINGTON, D.C. — American Fuel & Petrochemical Manufacturers (AFPM) President and CEO Chet Thompson today issued the following statement on EPA’s actions to address the backlog of nearly 200 small refinery exemption (SRE) petitions under the Renewable Fuel Standard (RFS):
“We are glad EPA finally fulfilled its statutory obligation to act on SRE petitions. Yet, it is inexplicable that EPA is even considering adding more mandated biofuels on top of the largest and most expensive RFS mandate ever proposed by reallocating exempted volumes. The 2026 and 2027 RFS would already cost refiners and consumers up to $70 billion each year and cannot be met with domestic feedstocks alone. Piling on more than a billion gallons in additional, reallocated mandates will do nothing other than increase imports, harm U.S. energy dominance and cost consumers. This is akin to your neighbor getting a tax break and the IRS showing up at your doorstep with the bill. It is simply wrong."
Additional background:
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.
