EPA has waived cellulosic biofuels in the Renewable Fuel Standard (RFS) program (see January 2015 blog - "Cellulosic RFS Waiver History," and December 2015 blog – "Update: RFS Cellulosic Biofuel Waivers").
Although AFPM President Chet Thompson’s Congressional testimony on the flawed Renewable Fuel Standard (RFS) runs to 24 pages, the message contained within is very simple: the proposed 2017 RFS rule exemplifies everything that’s wrong with the program, and it needs to be ended before 2022.
The Renewable Fuel Standard is more expensive in 2021 than at any other point in the program’s 15-year history. Soaring RFS prices signal that the RIN bank could run dry.
Good morning Chairman Whitfield, Ranking Member Rush, and members of the Subcommittee. I appreciate the opportunity to testify before you today. My name is Chet Thompson and I am the President of the...
Twenty senators delivered a letter to President Trump yesterday firmly stating their opposition to rumored regulatory action to expand the sale of E15 fuel.
Fuel supply limitations resulting from the impact of hurricanes and other natural disasters on infrastructure, for example, can lead to price increases as the market reacts to rebalance supply and demand.
AFPM President and CEO Chet Thompson and API President and CEO Mike Sommers sent a letter to President Biden responding to recent letters the Administration sent to major U.S. fuel refiners suggesting that these companies, their workforces and facilities throughout the country aren’t doing their part to bring fuel to the market and lower energy costs for consumers.
Much of the focus within the Renewable Fuel Standard is on corn ethanol and the 15-billion-gallon conventional biofuel mandate. But less critically examined in this policy administered by the Environmental Protection Agency is the mandate for advanced biofuels, including biodiesel.
Fuel supply restrictions resulting from hurricanes and other natural disasters, often lead to price increases as the market reacts to rebalance supply and demand. To protect consumers, many states have enacted price gouging laws that limit a merchant’s ability to raise prices during an emergency.
If someone is telling you something that is too good to be true, it’s probably because it is. In this case, it’s the ethanol lobby that is advancing a bill under the guise of “consumer choice,” that...