The U.S. Environmental Protection Agency (EPA) released its finalized rule extending the 1-psi Reid Vapor Pressure (RVP) waiver to E15, a fuel blended with 15% ethanol, during the summer months to allow its sale year-round, and modifying Renewable Identification Number (RIN) credit trading.
Several of the top biofuel advocates issued comments in favor of the ruling:
Emily Skor, Growth Energy CEO
“We are grateful to President Trump for delivering on his promise to unleash the power of E15 all year-long. The approval of year-round E15 is an incredible milestone for the biofuels industry, and the result of over a decade of hard work by Growth Energy, our members, our congressional champions, and folks all across rural America who made their voices heard. With year-round E15, retailers will have the regulatory certainty they need to offer American drivers a cleaner, more affordable fuel choice throughout the year. This action also means savings for American motorists at the pump and a sorely needed market for farmers who are facing a devastating economic downturn.”
Geoff Cooper, Renewable Fuels Association (RFA) President and CEO
“The ethanol industry thanks President Trump for personally championing this critical regulatory reform that will enhance competition, bolster the rural economy, and provide greater consumer access to cleaner, more affordable fuel options. We have always agreed with the President’s assertion that the outdated summertime prohibition on E15 was ‘unnecessary’ and ‘ridiculous.’ E15 already has a proven track record for saving drivers money at the pump and reducing emissions, and today’s action will ensure that more Americans are able to enjoy those benefits.”
Mike Lorenz, Sheetz Executive Vice President
“This fix provides major regulatory relief for all retailers seeking to offer lower-cost, higher-octane options at the fuel pump. For too long, retailers had to pay millions to retool and relabel pumps each summer and fall, which creates needless confusion for drivers. Now our customers will have uninterrupted, year-round access to E15 and a chance to save money during the busy summer travel season.”
Brian Jennings, The American Coalition for Ethanol (ACE) CEO
“EPA’s rule means U.S. retailers finally have the opportunity to offer E15 to their customers year round as the peak summer driving season kicks off this weekend. We’re grateful EPA kept the President’s promise to get the rulemaking done on time and we will work to ensure retailers understand their hands are no longer tied by red tape preventing them from offering a lower priced, higher octane E15 fuel to their customers all year starting this summer. For the ethanol industry and farmers, this means greater market access — more ethanol demand over the long term as additional retailers begin offering E15.
“We’re also grateful EPA considered the comments ACE and many others made in opposition to sweeping and unnecessary reforms to the way RIN credits are handled under the Renewable Fuel Standard (RFS). Had EPA gone forward with the so-called RIN reforms, it would have dulled the upside benefit of E15 year-round.
“Finally, speaking of dulling the upside benefit of E15 year-round, as we have repeatedly cautioned, EPA’s ongoing mismanagement of the RFS through blanket small refinery exemptions (SREs) needs to stop. The net effect of E15 year-round with 2.61 billion gallons worth of SREs that aren’t reallocated means we’re still in the hole when it comes to ethanol demand through the RFS. EPA is currently sitting on nearly 40 requests for refinery waivers from the 2018 compliance year. We discourage EPA from erasing any benefit of today’s rule by granting more waivers at a time when rural America can least afford it.”