Is the Renewable Fuel Standard broken beyond repair? It depends who you ask, but it’s certainly problematic. The RFS enforced by the EPA was originally envisioned as a way to get more biofuel into the US transportation fuel market, but changing technology and consumption patterns have required continual adjustments to the law. The EPA recently… Keep reading →
Industry groups have petitioned EPA to lower the 2014 RFS ethanol mandate to below 10 percent of projected gasoline demand. On August 13, 2013, the American Petroleum Institute and the American Fuel & Petrochemical Manufacturers petitioned the Environmental Protection Agency (EPA) for a partial waiver of volume requirements under the 2014 Renewable Fuel Standard (RFS)… Keep reading →
Ron Wyden, Democratic Senator from Oregon and Chairman of the Senate Committee on Energy and Natural Resources, grilled oil market experts today on why US consumers are not benefiting from higher US oil production via lower gasoline prices at the pump. Those experts indicated that whether or not they are aware of it, US consumers… Keep reading →
