The Environmental Protection Agency (EPA) today proposed denying a petition to change the point of obligation under the Renewable Fuel Standard (RFS).
Under the current rule, oil refiners and importers are the entities obligated to blend more renewable fuel into the transportation fuel supply under the RFS, but they were seeking to change that obligation to entities that own gasoline before it is blended for retail sale. However, EPA said in response to the petition that because of “the importance, complexity, and broad stakeholder interest in this issue” there will be a 60-day comment period for interested parties to offer their comments.
Learn more about the announcement and what it means here:
Statement from Tom Buis, Growth Energy Statement from RFA CEO Bob Dinneen