EPA Looks At Suspending Ethanol Blending Requirement

[GURPS]

Last week we discussed the possible opportunity available to us if the EPA would agree to at least suspend the mandates of the Renewable Fuel Standard until the worst of the pandemic is behind us. Getting rid of it entirely would be preferable, but that would require congressional action that the Democrats would never agree to and it’s unclear if the President could be convinced to support the idea even if they did.

The good news (possibly) is that I wasn’t the only person suggesting the idea and the EPA seems to at least be willing to consider it. This could go a long way toward saving a lot of oil and gas industry jobs that are otherwise threatened if the refineries start shutting down to avoid bankruptcy. (The Hill)

The Environmental Protection Agency (EPA) is weighing whether to let oil refineries skip on adding ethanol to their fuels, a move being requested by governors in oil-rich states who say the industry can’t afford the expense of blending in biofuels as oil prices plummet.
Oil prices hit a new low Friday amid a number of administration efforts to ease financial pressure on the industry. Ethanol producers, however, say they have likewise been affected as the economy tanks due to the coronavirus.
In a letter to the EPA sent earlier this week, five governors from oil-producing states said their refineries should be off the hook from meeting legal requirements to add ethanol to their products, arguing the oil industry is in too dire of financial straits to do so.

https://hotair.com/archives/jazz-shaw/2020/04/20/epa-looks-suspending-ethanol-blending-requirement/

 

[glhs837]

That would be great. Untold damage caused by that BS

 

[Bonehead]

That would be sweet, my engines thank you !!