EPA right to grant waivers to refiners under Renewable Fuel Standard

Aug. 12, 2019, Fairfax, Va.—Americans for Limited Government President Rick Manning today issued the following statement praising the EPA for granting waivers to distressed oil refiners under the Renewable Fuel Standard:

“The Environmental Protection Agency is right to grant waivers to a limited number of distressed small U.S. oil refiners from the Renewable Fuel Standard (RFS.)  The RFS requires all refiners to blend biofuels like ethanol into gasoline or purchase credits from others that do in order to remain in business.  While these waivers might disappoint the corn lobby which would rather bankrupt small refiners through the cost of credits than give an inch in their demand for fealty to ethanol, the EPA’s waiver decision balances the mistaken federal government policy to promote burning corn in our automobile engines with the financial needs of refiners who foot the cost of adding corn to superior performing oil in making gasoline.”

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