• 6 minutes Will the trade war hurt US project builds? Not if the US does it right.
  • 12 minutes OIl Targets from Experts to $300, vs. imho $52
  • 19 minutes Venezuela, the largest oil reserve in the world, faces deep shortages of motor oil
  • 3 mins Does S Arabia Have 2 Mln Barrels in Spare Capacity?
  • 2 days Apple's $300 fund in China
  • 1 hour Trade War of 1930s, Extended the Great Depression
  • 47 mins Ireland Exits Fossil Fuels
  • 9 hours Oil prices going down
  • 14 hours Tesla Shareholders Finally Fed Up? Could it be true?
  • 24 hours Britain should bet more on renewables and less on nuclear
  • 3 days Top Adviser to Khamenei: Iran Will Leave Syria, Iraq Only if Baghdad, Damascus Want It
  • 3 days Michiganders, Rejoice: Musk Will Fix Flint
  • 3 days Russia & China bypassing Oil Sanctions to North Korea, U.S. Peeved
  • 3 days Trump Threatens Sanctions against Shell, Uniper
  • 3 days Consumer prices on rise
  • 2 days Good And Bad News: Global investments in wind power surged during the first half of 2018. At The Same Time Solar is slipping
More Western Energy Companies Leave Iran

More Western Energy Companies Leave Iran

Though Iran is still seeking…

The Downfall Of U.S. Nuclear Power

The Downfall Of U.S. Nuclear Power

A shocking report from researchers…

EPA Ignored Calls To Cut Biofuel Quota Waivers

Andeavor Refinery

The Energy Protection Agency consistently ignored calls from the Energy Department to stop issuing—or lat least curb—waivers sought by refiners under biofuels regulation, Reuters reports, citing sources with knowledge of the matter.

The so-called hardship waiver is granted to smaller refiners who lack the resources to cover the costs of blending their fuels with corn-derived ethanol as stipulated in the Renewable Fuel Standard. These costs could reach up to hundreds of millions of dollars annually.

Earlier this week, media reported that French Total had considered asking the EPA for a hardship waiver, but the company’s lawyers responded with “No. Our refinery is too big.”

Yet, EPA’s boss Scott Pruitt has become the target of criticism for granting hardship waivers to more than two dozen refiners, apparently not all small ones, with capacity of under 75,000 bpd, as required under the waiver rules. Andeavor was one of those granted a waiver, although even larger companies applied for one, including Exxon and Chevron.

According to the Reuters sources, the EPA also granted full waivers to companies that the Energy Department had recommended only partial relief for. At least once, two of the sources said, the EPA granted a full waiver despite the Energy Department’s recommendation to reject the application.

The EPA is currently the target of a lawsuit filed by three corn ethanol lobby groups and the National Farmers Union. The allegations are for abuse of authority with the issuance of three RFS waivers without publishing notices of the decisions to do so, as required by law.

Related: The Bullish Truth Of OPEC’s Agreement

“EPA is trying to undermine the RFS program under the cover of night,” Renewable Fuels Standard president Bob Dineen told media following the announcement of the lawsuit in late May. “And there’s a reason it has been done in secret—it’s because EPA is acting in contravention of the statute and its own regulations, methodically destroying the demand for renewable fuel.”

The Reuters report comes on the heels of an EPA announcement that it will increase the overall biofuel mandate for 2019 by 3.1 percent to 19.88 billion gallons. Of this, 15 billion gallons will be corn- and soy-derived ethanol as per regulations.

By Irina Slav for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News