The Renewable Fuel Standard (RFS) is an American federal program that requires transportation fuel sold in the United States to contain a minimum volume of renewable fuels.

Recent Posts

Refinery Earnings Are Up. Why?

The return of fuel demand to pre-pandemic levels and the slower rebound of crude oil and fuel production has created concerns about whether supplies of gasoline, diesel and jet fuel will be sufficient to meet global demand. U.S. refineries are up and running at near maximum utilization. Other major refining countries, for a variety of reasons, have not kept pace bringing their facilities back into operation or resuming sales of fuel to the market. As a result, wholesale fuel prices have increased and so have refinery “crack spreads."

AFPM, API Respond to President Biden’s Letters to U.S. Refiners

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.

Refiners Bewildered by Biden Administration RFS Rule that Will Increase Costs for Refiners & Consumers

EPA's 2022 RFS standard is bewildering and contrary to the Administration’s claims to be doing everything in their power to provide relief to consumers. Unachievable mandates will needlessly raise fuel production costs and further threaten the viability of U.S. small refineries, both at the expense of consumers.

Adjusting RFS Compliance Deadlines is Commonsense

WASHINGTON, D.C. – This is a commonsense administration decision. We’re still waiting for EPA to make a call on 2019 and 2020 relief petitions and there remains no 2021 or 2022 proposals, much less final rules, from the Agency to guide business decisions for refineries. We all know RIN scarcity is real and clarity about future obligations is needed in order for facilities to align around their individual compliance strategies.

Biden Administration Should Take a Sober Look at Its Own Energy Policy

WASHINGTON, D.C. – "Federal policy is discouraging supply by shutting down pipelines, putting future production off limits, talking down the future of the petroleum business, and imposing expensive requirements on refineries, chief among them a burdensome Renewable Fuel Standard. The Administration is blaming others when it ought to take a sober look at its own energy policy."