WASHINGTON, D.C. – A bipartisan group of governors from Texas, Louisiana, Oklahoma, Utah, and Wyoming have petitioned EPA Administrator Andrew Wheeler to exercise his agency’s general waiver authority to waive Renewable Fuel Standard (RFS) compliance burdens for the year 2020 due to the experience of severe economic hardship throughout the refining industry and nationally amid COVID-19.
All eyes are on Hurricane Ian, which is expected to approach Florida’s west coast later Wednesday and into Thursday bringing high winds and massive amounts of rain. Although our nation’s refiners and petrochemical manufacturers do not have facilities in the affected region, we’d like to urge the people in the area to prepare for the storm and heed all evacuation notices. Florida residents can get critical preparedness and evacuation information here .
The cost of Renewable Fuel Standard (RFS) compliance credits, specifically D6 renewable identification numbers (RINs), is out of control. Sales of D6 RINs for conventional ethanol recently registered above $1.90 (the highest trades in history).
Nine U.S. senators today called on the administration to uphold the law and ensure that qualified small refineries continue to have protection from disproportionate economic hardship brought on by the Renewable Fuel Standard (RFS).
America’s refiners and motor gasoline suppliers are facing an unprecedented inventory management challenge as the national response to COVID-19 has reduced domestic demand for fuel.
Visit AFPM’s Hurricane and Weather Event Resource Center for more information on steps being taken to ensure the safety of our members’ facilities, their employees and the communities that surround them.
Alongside the publication of AFPM’s new study, “The Fuel & Petrochemical Supply Chains: Moving the Fuels & Products That Power Progress,” Flash Point interviewed leaders working on U.S. midstream infrastructure issues, including Sean Strawbridge, CEO of the Port of Corpus Christi.
AFPM members including fuel manufacturers, petrochemical manufacturers and service providers (e.g., construction, technology and consulting firms) are seeking skilled employees for a range of positions.