HYIP-Man: EPA refinery exemptions reduced renewable fuel blending requirements in 2018
Friday, October 25, 2019
EPA refinery exemptions reduced renewable fuel blending requirements in 2018
EPA refinery exemptions reduced renewable fuel blending requirements in 2018
On August 9, 2019, the U.S. Environmental Protection Agency (EPA) announced that it had granted 31 Renewable Fuel Standard (RFS) Small Refinery Exemptions (SRE) for the 2018 compliance year, or 4 fewer than were approved for the 2017 compliance year. As of October 2019, two SRE applications were pending. The SRE waivers effectively reduced the amount of biofuel required to enter the nation's fuel supply by exempting 7.4% of the total RFS renewable fuel volume mandate for the 2018 compliance year, or about 1.43 billion gallons.

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