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No. 23, Mar. 14, 2018

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IN THE WHITE HOUSE

White House RFS Talks Continue 

 
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Growth Energy and key industry stakeholders remain closely engaged on the recent White House RFS talks. Productive conversations involving biofuels industry representatives, the EPA, USDA, lawmakers, and other interested parties continue. Our position remains the same: We are supportive of a Reid Vapor Pressure (RVP) waiver that would ensure year-round sales of E15. We are focused on working with the industry to resolve the ongoing debate, and lines of communication within the Trump Administration continue to remain open. Growth Energy will continue to coordinate with the biofuels industry to ensure that an outcome that would reduce ethanol blending and undercut the goals of the RFS isn't thrust upon us. We will keep you updated on any key developments regarding the White House RFS talks as they occur.

If you have not already, be sure to add your voice to this critical discussion. You can use our action center to tell your elected officials and the EPA that you support year-round E15 sales that will provide a needed boost to the American heartland.

For more details, contact Vice President of Government Relations John Fuher.


WORKING FOR YOU

IN THE COURTS
PES Bankruptcy Litigation 

ON THE HILL
Section 199a Reform and Ways & Means Committee Meeting 

IN THE GLOBAL VIEW
European Union Anti-Dumping Expiry Review

AT THE PUMP

Retailer Spotlight: Murphy USA

IN THE FAST LANE
Austin Dillon’s new-look 2018 No. 3 Chevy Camaro ZL1 to Debut at Martinsville Speedway

AT OUR  EVENTS
Asking for your input.

UPCOMING EVENTS

STP 500

March 25

Martinsville, Va.

NACS State of the Industry 

April 10 -12

Chicago, Ill.

Fuel Ethanol Workshop & Expo

June 11 -13

Omaha, Neb.


IN THE COURTS

PES Bankruptcy Litigation

As you may recall, the Philadelphia Energy Solutions (PES) refinery filed for bankruptcy in January 2018 and asked the court to waive its RIN obligations under the RFS. PES entered into bankruptcy owing 467 million RINs for 2016 and 2017 with only 210 million RINs on hand. 


On Monday, PES entered into a settlement with the EPA and the U.S. Department of Justice where they would retire the 210 million RINs they have on hand and would be absolved of their remaining 2016 and 2017 RIN obligation (257 million RINs).  We are now discussing the settlement and what our legal options may be to ensure that the goals of the RFS continue to be met.  We will keep you updated with any further developments with this situation.

For more details, contact Vice President of Regulatory Affairs Chris Bliley. 

ON THE HILL

Section 199a Reform

A 2018 spending bill is expected to hit the congressional floor this week. Our congressional champions are hoping to see a provision included in the spending bill that will roll back the Sec. 199a portion of the tax bill to better mirror its original provision and intent. We will keep you informed and up to speed on any developments pertaining to Sec. 199a. 

Ways & Means Committee Meeting 

Today, the House Ways and Means committee will hold a hearing on a host of expiring tax incentives, including those for cellulosic biofuels and biodiesel. We support these provisions because they provide marketplace certainty for advanced ethanol producers and those who sell corn oil into the biodiesel market.

For more details, contact Vice President of Government Relations John Fuher.

IN THE GLOBAL VIEW

European Union Anti-Dumping Expiry Review 

As you will recall, the European Union (EU) imposed anti-dumping duties on U.S. ethanol exports in February 2013. Those anti-dumping duties were set to expire last month; however, at the request of ePure (the European ethanol producers), the European Commission initiated an “expiry review” of these duties. The main purpose of the European Commission’s review is to determine whether a continuation of these anti-dumping duties for another 5 years is warranted. However, it is important to note that the Commission does not need to prove dumping, they only need to determine that in the absence of duties, dumping may occur. 

 

The EU is conducting a “pure” expiry review, meaning that the Commission only has two options: 1) remove the duties, or 2) leave the duties in place. Under this type of review, the Commission does not have the authority to change the duties. (Note: Growth Energy’s legal challenge to the original duties continues on a separate track, and those duties may be modified as a result of that challenge).

 

With this expiry review, Growth Energy and many of its members have registered as “interested parties,” and we will file comments with the European Commission urging them to remove the duties. Growth Energy and many of its members have been actively involved in the litigation on these duties since their inception, and we will continue to do everything we can to remove these harmful duties to provide greater access to the European market.

For more details, contact Vice President of Regulatory Affairs Chris Bliley.

 

AT THE PUMP

Retailer Spotlight: Murphy USA

 
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Murphy USA originally began in 1996 as a retail gasoline venture between Murphy Oil Corporation and Walmart to build Murphy USA stations at Walmart Supercenter stores. The entrepreneurial spirit that launched the Murphy USA brand has continued to help grow the network of Murphy USA and Murphy Express stations to its current level, with more than 1,400 locations in 26 states. As a leading low-price retailer, Murphy USA serves more than 1.6 million customers every day. To date, 42 of their stores sell E15 and 47 sell E85.

 

“We very much value our partnership with Growth Energy and their team supports our business in several important ways. By serving as one point of contact, they help us close the gap between multiple suppliers and retailers which allows us to maintain the integrity of our business. Their work increases our awareness of pending regulations and potential impacts which enables us to better control initial investment costs. The Growth Energy market updates and insights are important as is the funding they coordinate.We also value the conferences they sponsor – especially the Retailer Round Tables where we can share thoughts with others in the industry on how to move the business forward while managing opportunities, challenges and potential solutions.”  

 

- Manuel Rodriguez, Sr. Manager, Renewables & Logistics for Murphy USA Inc.

For more details, contact Vice President of Market Development Mike O'Brien.

IN THE FASTLANE

Austin Dillon’s new-look 2018 No. 3 Chevy Camaro ZL1 will debut on March 25 in the STP 500 at Martinsville Speedway


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We are thrilled to debut the redesigned paint scheme at Martinsville, and will be eagerly waiting to see if Austin can capture his first Cup Series win in the American Ethanol No. 3 car!

 

We are also excited to host our first American Ethanol Engine Performance Workshop of 2018 at the race! We will be joined by a group of instructors from the North Carolina Universal Technical Institute campus, who will be treated to an engine performance seminar with ECR Engines’ Dr. Andy Randolph, as well as a VIP track experience courtesy of Richard Childress Racing. Be sure to keep an eye on our American Ethanol social media channels during the Martinsville race weekend.

For more details, contact Manager of Communications Austin Dabney.

AT OUR EVENTS

Call for Content at Growth Energy Conferences 
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What would you like to see at Growth Energy conferences? We want your input! As we begin planning for this September’s Biofuels Summit and the 2019 Executive Leadership Conference, we want to ensure we are delivering the most valuable content to our attendees.

 

From nuts-and-bolts sessions on the latest policy updates, to giving more time to your specific areas of interest, or even suggestions as to how the events are organized and scheduled—we encourage your feedback to help us plan extraordinary conferences and experiences. We welcome all of your ideas. Please send any requests to Growth Energy's Senior Director of Operations & Programming Kitty Loyd. We can't wait to hear from you!

For more details on Growth Energy events, contact Senior Director of Operations & Programming Kitty Loyd.

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The Weekly Rundown is the weekly newsletter for Growth Energy's members. It is published 52 times a year by the communications staff at Growth Energy. For more information, email team@growthenergy.org

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