WASHINGTON, D.C. – AFPM issued the following statement today on EPA’s decision to extend Renewable Fuel Standard compliance deadlines for 2020 and small refinery compliance deadlines for 2019. AFPM wrote to Administrator Regan last week requesting that EPA swiftly finalize the rule granting this additional time to refineries:
“AFPM appreciates the quick action taken by Administrator Regan and EPA staff to formally extend Renewable Fuel Standard compliance deadlines. In this moment, with surging RIN prices and slowly recovering fuel demand, refineries welcome this extra time and the flexibility it affords them to figure out how they will fulfill their individual RIN obligations. It is our hope that EPA will now carefully review the RFS program and set 2021 standards that are reasonably achievable in light of the effects of COVID-19 on fuel demand.”
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.
