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US refiners welcome EPA decision on RFS compliance deadlines

Published by , Senior Editor
Hydrocarbon Engineering,

AFPM has issued the following statement on the US Environmental Protection Agency’s (EPA) decision to extend Renewable Fuel Standard compliance deadlines for 2020 and small refinery compliance deadlines for 2019:

“AFPM appreciates the quick action taken by Administrator Regan and EPA staff to formally extend Renewable Fuel Standard compliance deadlines. In this moment, with surging RIN prices and slowly recovering fuel demand, refineries welcome this extra time and the flexibility it affords them to figure out how they will fulfill their individual RIN obligations. It is our hope that EPA will now carefully review the RFS program and set 2021 standards that are reasonably achievable in light of the effects of COVID-19 on fuel demand.”

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