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September 10, 2012

Oil industry warns RFS waiver may hinder compliance, investment plans

Oil industry officials are raising concerns that a potential EPA waiver of the renewable fuel standard (RFS) could hinder the sector’s plans for investing in new production and complying with agency rules, as the potential for a waiver creates major uncertainty about how much renewable fuel the industry will have to produce.  The oil industry’s concerns could complicate the livestock industry’s push for the RFS waiver, even though the sectors have teamed up on other challenges to EPA’s renewable fuel policies — including unsuccessful litigation the groups filed alongside engine makers over the agency’s decision to allow sales of higher ethanol blends.  Read More

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