Advanced Biofuels USA: promoting the understanding, development and use of advanced biofuels around the world.

Call to Action for a Truly Sustainable Renewable Future
August 8, 2013 – 5:07 pm | No Comment

-Include high octane/high ethanol Regular Grade fuel in EPA Tier 3 regulations.
-Use a dedicated, self-reducing non-renewable carbon user fee to fund renewable energy R&D.
-Start an Apollo-type program to bring New Ideas to sustainable biofuel and …

Read the full story »
Business News/Analysis

Federal Legislation

Political news and views from Capitol Hill.

More Coming Events

Conferences and Events List in Addition to Coming Events Carousel (above)

Original Writing, Opinions Advanced Biofuels USA


Home » Environmental Protection Agency, Federal Agency, Federal Regulation, Iowa, Opinions, Pennsylvania, Policy, White House

Grassley: RFS Has Minimal Impact on Success of Refineries

Submitted by on February 6, 2018 – 7:09 pmNo Comment

by Erin Voegele (Ethanol Producer Magazine)  Sen. Chuck Grassley, R-Iowa, has released a memo produced by his energy policy staff that finds that Renewable Fuel Standard blending requirements and the cost of renewable identification numbers (RINs) have little to do with the success of refineries and were not factors in the Philadelphia Energy Solutions bankruptcy. Grassley’s analysis reached similar conclusions as those of multiple recent studies, including several by the University of Pennsylvania’s Kleinman Center for Energy Policy.

According to the analysis produced by Grassley’s staff, PES is in financial difficulty primarily due to changes in its available feedstock and other management decisions. “It does face a problem of having to acquire RINs to meet the looming RFS compliance deadline, but that is due in large measure to its reported decision last fall to sell off the RINs it had acquired, presumably in hopes of being able to buy them back at lower cost before the compliance deadline,” said Grassley’s staff in the memo. “Moreover, if PES had taken the sensible approach of other merchant refiners and invested in ethanol blending infrastructure or partnered with a blender, it appears it would have no need to purchase RINs at all.”

Grassley has said that it’s worth exploring ways to lower RIN prices without undermining the integrity of the RFS, has suggested making E15 available year-round, and noted that the EPA could do more to provide transparency in the RIN market.  

A copy of the Grassley staff analysis can be found here, while copies of the Kleinman studies can be accessed at the following links: (1234).   READ MORE

Memo: Grassley Analysis Finds RFS Has Minimal Impact on Success of Refineries (Office of Senator Chuck Grassley (R-IA))

Grassley Releases RFS Memo–Memo: RFS Not to Blame for Refiner’s Woes  (DTN The Progressive Farmer)


EPA Administrator Pruitt Calls for RINs Reform (WNAX)

Bankrupt Refiner Made Missteps

What’s the Real Story behind Philadelphia Energy Solutions’ Bankruptcy, Crude Oil, and the Renewable Fuel Standard?

QUOTED: (Politico’s Morning Energy)


Excerpt from Politico’s Morning Energy:  Sen. Chuck Grassley took to Twitter Thursday night (March 15, 2018) to talk RINs with the president. “@realDonaldTrump I want to shake up what u might be planning abt a RINS cap for a short period. It will be CATASTROPHIC to ethanol. U will only believe me when u find ethanol in doldrums That’s where ur idea leads,” he tweetedREAD MORE

Related Post

Tags: , , , , , , , , , , , , , , , , , ,

Comments are closed.