by Mark Griffin (Pro Petroleum/Real Clear Energy) ... Moving the point of obligation eliminates our ability to compete and gives major refiners a significant unfair advantage over small businesses in small markets across the country. Liquidity and competition are what keep fuel
Obligated Parties/Point of Obligation (PoO)
Back TO HOMEA Few Reasonable RIN Ideas
by John Campbell (Ocean Park Advisors) The RINs market would be improved with timely blend targets and compliance reporting, increased transparency and trading limits. -- ... Although it might reduce undesirable trading practices, moving the point of obligation would not
December 22, 2016 Read Full Article
Extension of Comment Periods for: The Renewables Enhancement and Growth Support (REGS) Notice of Proposed Rulemaking, and the Proposed Denial to Change the Point of Obligation
(Environmental Protection Agency) On December 20, 2016, the Environmental Protection Agency (EPA) issued extensions of the comment periods for two actions: the Renewables Enhancement and Growth Support (REGS) Notice of Proposed Rulemaking, and the Proposed Denial to Change the Point
December 22, 2016 Read Full Article
Williams: Trump Should Work to End Renewable Fuel Standard
by Tom Thoma and David Williams (Taxpayers Protection Alliance/Globe Gazette) ... (Carl) Icahn’s proposal centers on the definition of “obligated parties,” which is the official government term for the entities required to blend in renewables. ... Icahn didn’t launch this campaign
December 20, 2016 Read Full Article
Response to Petitions for Reconsideration of RFS2 Rule to Change the Point of Obligation
(Environmental Protection Agency) EPA proposed to deny requests from petitioners to initiate a rulemaking to change the point of obligation for compliance under the Renewable Fuel Standard program. Due to the importance, complexity, and broad stakeholder interest in this issue,
December 19, 2016 Read Full Article
Donald Trump Sends Mixed Signals on Ethanol Mandate
by Amy Harder and Jacob Bunge (The Wall Street Journal) President-elect backed the federal biofuels rules as a candidate, but his EPA pick opposes them -- ... Mr. Trump’s pick to run the Environmental Protection Agency, Oklahoma Attorney General Scott Pruitt,
December 19, 2016 Read Full Article
Icahn Cheers Trump EPA Pick Amid Calls for Fuel-Rule Revamp
by Mario Parker (Bloomberg) Icahn refiner wants $15 billion renewable-fuels market changed; Cost of credits surged as U.S. mandates on biofuels at record -- Six weeks before he becomes U.S. president, Donald Trump is already disrupting an obscure, $15 billion corner of
December 13, 2016 Read Full Article
RINs, Refiners and Rational Energy Policies
(The Wall Street Journal) Letters to the Editor -- Rewriting the RFS could undermine years of progress toward U.S. energy security. by Jeff Broin (POET) Carl Icahn’s proposal to rewrite the Renewable Fuel Standard (RFS) (“If Oil Refiners Crash, So Will
December 08, 2016 Read Full Article
Trump Administration Could Be a Bend in the Road for Biofuels Blending
by Meghan Gordon and Brian Scheid (Platts) Total renewable fuel is slated to be more than 10% of the US fuel supply in 2017, breaking through the so-called blendwall. But how will a new presidential administration affect targets for the Renewable
December 05, 2016 Read Full Article
Recent Renewables Required Reading: What Can You Skip, What d’ya Gotta Read?
by Jim Lane (Biofuels Digest) This week, in Washington and Brussels, four news flashes on global renewable fuel volumes appeared on the radar. Can you safely ignore them and get on with other work, or is there something to get deeply
December 02, 2016 Read Full Article
Oil and Biofuels Trade Bodies Make Unprecedented Move to Link Together to Call on EPA Not to Change RFS Point of Obligation
by Liz Gyekye (Biofuels International) Biofuels and oil trade bodies have written a letter to the US’ Environmental Protection Agency (EPA) urging the organisation not to redefine the point of obligation under the Renewable Fuel Standard (RFS). The issue centres on whether
December 01, 2016 Read Full Article
Notice of Opportunity to Comment on Proposed Denial of Petitions for Rulemaking To Change the RFS Point of Obligation
(Federal Register/Environmental Protection Agency) The Environmental Protection Agency (EPA) is proposing to deny several petitions requesting that EPA initiate a rulemaking process to reconsider or change its regulations that identify refiners and importers of gasoline and diesel fuel as the
November 23, 2016 Read Full Article
EPA Rejects Plea to Tweak Ethanol Mandate’s Rules
by Timothy Cama (The Hill) The Environmental Protection Agency (EPA) is making plans to reject a plea by some fuel refiners to shift responsibility for ethanol mandate compliance away from them. A handful of refining companies like Valero Energy Corp. and
November 14, 2016 Read Full Article
Trump's Victory Shatters Energy Landscape
by Anthony Adragna (Politico's Morning Energy) ... Biofuels: Trump said in Iowa in January that he wants ethanol volumes set under the Renewable Fuel Standard restored to statutory levels, but he has surrounded himself with RFS opponents, leaving the future of
November 09, 2016 Read Full Article
Big Oil Companies Reap Windfall From Ethanol Rules
by Bradley Olson (Wall Street Journal) Some refiners stand to rake in $1 billion by selling fuel credits, while others must spend millions to comply -- Environmental regulations designed to boost the amount of ethanol blended into the U.S. gasoline supply
November 07, 2016 Read Full Article
Changes Sought for RFS Compliance Mechanism
by Anthony Adragna (Politico's Morning Energy) Rep. Bob Brady is going to press for changes in the Renewable Fuel Standard compliance mechanism that the refineries in his district say costs them millions — and he may try to enlist his old
November 02, 2016 Read Full Article
Will Changing the Point of Obligation Improve the RFS?
by John Campbell (Biodiesel Magazine/Ocean Park Advisors) The U.S. EPA has set off a debate within the petroleum industry by suggesting that the point of obligation for compliance with the renewable fuel standard (RFS) be moved from the hands of a
September 29, 2016 Read Full Article
RFA President Says There’s No Ethanol Fraud In RINS Program
(WNAX) A report out by a former EPA official says that the RINS market or renewable identification numbers may be ripe for fraud or abuse. In order to comply with the RFS, refiners are required to blend a percentage of
September 26, 2016 Read Full Article
Murky Biofuel Market Vulnerable to Fraud, Former EPA Cop Warns
by Jennifer A. Dlouhy (Earth & Water Group/Bloomberg) — A program to boost the use of biofuels in the U.S. has become vulnerable to scams that have bilked victims out of nearly $1 billion so far, warns a former Environmental
September 20, 2016 Read Full Article
Trump Biofuel Proposals Echo Those of Backer Icahn
by Chris Prentice (Reuters) Republican Presidential candidate Donald Trump on Thursday appeared to weigh into a debate over a controversial U.S. biofuels program with a proposal that would back the position of billionaire investor Carl Icahn, one of his wealthiest
September 17, 2016 Read Full Article
Commentary: Are Presidential Hopefuls Ignoring Real Issues of Renewable Fuels?
by Jacqueline Campos (Fuel Fix/Opportune) ... When it comes to this year’s election, renewable fuels continue to be well-supported, but policy mandating the use of those renewable fuels in gasoline remains to be seen. ... The dilemma is that RINs cannot be utilized until
September 13, 2016 Read Full Article
The Oil Industry Is Split over the Renewable Fuel Standard Program
by Mark Drajem (Bloomberg) ... Now the oil industry itself is split over the RFS, or more specifically how the EPA applies it. It’s no mystery what’s inspiring the discord: money. Refiner CVR Energy, in which billionaire investor Carl Icahn owns an 82 percent
September 01, 2016 Read Full Article
Another Billionaire Bailout?
by Brooke Coleman (Bloomberg/Advanced Biofuels Business Council) ... (Carl) Icahn’s ask is pretty simple. He wants the EPA to change the rules midstream to relieve his petroleum refining assets of their obligations. ... The RFS, for its part, requires petroleum companies like Icahn’s
August 25, 2016 Read Full Article
The RINferno, as It Burns up America’s Venture into Advanced Biofuels
by Jim Lane (Biofuels Digest) ... There’s a separate category of RINs for advanced biofuels. These are fuels that have at least a 50% reduction in fossil fuels compared to 2005 baseline gasoline. Overall, to qualify under the RFS, you need
August 19, 2016 Read Full Article
RINferno
by Jim Lane (Biofuels Digest) Let me see if we got this right. Donald Trump loves the Renewable Fuel Standard --- Carl Icahn loves Donald Trump --- Therefore, Carl Icahn hates the Renewable Fuel Standard With that, welcome to the 2016 United
August 17, 2016 Read Full Article
Moving RFS Obligation Would Cut Biofuel Use, Raise Fuel Prices: NATSO
by Jeff Barber (OpisNet.com) Shifting the point of obligation under the Renewable Fuel Standard (RFS) from fuel refiners and importers to blenders would reduce competition at the rack and lead to lower renewable fuel use and higher retail prices, an
August 12, 2016 Read Full Article
RFS Hearing Finds New Issues to Dig into
by Spencer Chase (Agri-Pulse) ... When it comes to land use, Colin O'Mara, president and CEO of the National Wildlife Federation, testified that a University of Wisconsin study had shown that 7.3 million acres of land had been brought into production between
June 27, 2016 Read Full Article
Valero Asks EPA to Redefine RFS Definition of Obligated Party
by Erin Voegele (Ethanol Producer Magazine) Valero Energy Corp. has filed with a petition for reconsideration with the U.S. EPA, asking it to revise its definition of “obligated party” under the renewable fuel standard (RFS). The company has also petitioned
February 23, 2016 Read Full Article
Refiners, Former White House Official Ask EPA to Tweak Biofuels Program
by Chris Prentice (Reuters) Independent oil refiners and a former White House official have urged U.S. regulators to tweak the U.S. biofuels program to shift responsibility for complying from refiners to fuel blenders, according to public comments on a government
July 29, 2015 Read Full Article
Ethanol RINs Market Explodes
by Susanne Retka Schill (Ethanol Producer Magazine) Lack of transparency makes market analysis difficult. ...The ethanol producer's role in RIN generation is basic: produce the physical gallons and fill in the required information to generate the RINs in the automated EMTS system.
April 24, 2013 Read Full Article
Differing RINs Estimates Creates Confusion, Market Spikes
by Susanne Retka Schill (Ethanol Producer Magazine) Confusion remains over how to interpret and compare various estimates of renewable identification number (RIN) availability, said Nick Paulson, assistant professor in the Department of Agricultural and Consumer Economics at the University of Illinois.
April 23, 2013 Read Full Article
Another Voice Calls for E85 as a Solution to the RINs Conundrum
by John Kingston (Platts) The idea of using E85 as a way out of the blendwall/RINs issue in the US has another backer. But it’s not a new backer. Well-known energy economist Phil Verleger several years ago first brought up the
March 18, 2013 Read Full Article
Skyrocketing RIN Prices Signal Ethanol Blend Wall Imminent
(Platts) Prices of renewable fuel credits, needed by refiners to comply with the nation's Renewable Fuel Standard, have skyrocketed over the past few months, an indication to some that the dreaded "blend wall" is close. The price for the traded Renewable
March 06, 2013 Read Full Article
EPA Proposes Rules for Voluntary RIN Integrity Program
by Erin Voegele (Ethanol Producer Magazine) On Jan. 31 the U.S. EPA published a proposed rule that creates a structured process for buyers of renewable identification numbers (RINs) to verify their validity. Under the proposal, the EPA said that
February 02, 2013 Read Full Article
The 2013 Renewable Fuel Standard: Biofuels Digest’s 10-Minute Guide
by Jim Lane ( Biofuels Digest) ...In Washington, the U.S. Environmental Protection Agency (EPA) issued its proposed 2013 Renewable Fuel Standards (RFS2). The proposal will be open for a 45-day public comment period and EPA will consider feedback from a range
February 01, 2013 Read Full Article
RIN Management Strategies: Prepping for New EPA RIN Quality Rules
by Jeff Hove (RINAlliance/Biodiesel Magazine) ...Managing RIN transactions and completing EPA reports has become slightly easier under RFS2 and EMTS rules. RIN marketing, however, has become increasingly difficult in a market that has been rocked with fraud and belligerent acts
January 25, 2013 Read Full Article
Wisconsin Bio Industry Alliance, Renewable Fuels Association Release Ethanol, Drought Myth-Busting Reports
by Jim Lane (Biofuels Digest) In Wisconsin, the Wisconsin Bio Industry Alliance published a note “to once again clear up a few myths about ethanol and ethanol production in America.” ...In Washington, the Renewable Fuel Association’s Geoff Cooper noted that “The
July 19, 2012 Read Full Article
Brazil Exports Ethanol, Struggles to Meet Its Ethanol Demand
by Joanna Schroeder (DomesticFuel.com) ...(T)he industry has once again begun exporting fuel to the U.S. over the past few months. According to brokers quoted in a recent Soyatech article, the ethanol industry has exported 1.9 million barrels to the U.S. as a