The EPA’s proposed renewable volume obligations makes no change in the Renewable Fuel Standard volumes for corn-based ethanol. Renewable Fuels Association President and CEO Geoff Cooper was not happy with the news. “I think it is pretty clear why they waited until the Friday after July 4th to put this thing out. I think the agency is probably sheepish and embarrassed by this proposal and they should be.” Conventional ethanol volumes would remain at 15 billion gallons. The small refinery exemptions remain a point of contention. Last month, President Trump ordered a review of the small refinery waiver program. Despite that, the EPA has not reconciled its rules to account for the billions of gallons lost through those waivers.
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