WASHINGTON, DC — Today, the Environmental Protection Agency (EPA) proposed denying a petition by a group of merchant oil refiners to change the point of obligation under the Renewable Fuel Standard (RFS). Under the current RFS structure, oil refiners are the parties obligated to blend more renewable fuel into the nation’s transportation fuel supply. The refiners’ petition seeks to change the obligated party from the refinery to those entities that own gasoline before it is blended for retail sale. The EPA announced there will be a 60-day comment period for interested parties to offer their comments.
In response, Emily Skor, CEO of Growth Energy issued the following statement:
“The EPA has made the correct decision in proposing to deny this petition. The RFS is working and refiners have had over 11 years to comply with it. The current structure appropriately incentivizes marketers to blend additional biofuels, and encourages the availability of higher-level ethanol blends to retailers who wish to sell them. The bottom line is that the current point of obligation encourages consumer choice and cost savings at the pump, and any change would undermine the intent of the RFS and reward those parties who have refused to comply with the intent of the law.
“Growth Energy looks forward to providing substantive comments as to why the point of obligation should remain as is.”
WASHINGTON, D.C. – Advocates and experts have virtually converged in Washington, D.C. this week for Growth Energy’s annual Biofuels Summit to advocate for biofuels in our nation’s capital. Growth Energy CEO Emily Skor kicked off this year’s all-virtual event with opening remarks and a fireside chat on industry priorities with Growth Energy Chairman of the […]
In her keynote address at the 36th Annual International Fuel Ethanol Workshop & Expo (FEW), Growth Energy CEO Emily Skor provided an update on the industry’s recovery amid COVID-19 and offered an exciting vision for growth in the months and years ahead. “We approach this decade through the lens of what will drive demand for […]
Sponsored by our partner, @GrowthEnergy: High ethanol blends are boosting sales for the convenience stores that sell them, and the ever-growing base of faithful E15 consumers is proof of it. #fuels #cstores https://t.co/0F4BO5BVH1
"We showed Washington that ethanol is not only essential, but an unsung hero in the effort to eradicate the virus. No other industry is in the same position to revitalize rural America.”