Refiners' Bid To Shift RFS Compliance Obligation Highlights Industry Split

摘要

The American Petroleum Institute (API) is criticizing the American Fuel & Petrochemical Manufacturers' (AFPM) petition asking EPA to shift a compliance obligation under the agency's renewable fuel standard (RFS) from refiners to fuel blenders, highlighting a split in the refining industry about the best way to reform the program. "Moving the point of obligation falls short of significant reform," said API Downstream Group Director Frank Macchiarola on an Aug. 9 call with reporters just days after AFPM filed its petition. API has long called for repeal or reform of the program, saying it sets impossible targets for blending renewable fuels into the U.S. fuel supply. Refiners say they suffer as a result from having to purchase expensive compliance credits to meet the targets.