Valero Energy Corp. Articles

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EPA Sides with NATSO, Fuel Marketers in RFS Decision

November 14, 2016

EPA Sides with NATSO, Fuel Marketers in RFS Decision

The Environmental Protection Agency (EPA) announced Nov. 10 that it is proposing to deny recent requests to change the "point of obligation" under the Renewable Fuel Standard (RFS) from refiners and importers downstream to "position holders" at the rack, including many fuel marketers and blenders. The decision marks an important positive development for NATSO members. NATSO has spent more than a year educating EPA and the entire fuel marketing community on this issue and urging EPA to maintain the current point of of obligation.

Fuels Update: Clinton Defends Position on RFS, AFPM Petitions EPA to Move RFS Compliance Burden

August 5, 2016

Fuels Update: Clinton Defends Position on RFS, AFPM Petitions EPA to Move RFS Compliance Burden

The Clinton Campaign announced on Aug. 3 that it does not support replacing the Renewable Fuel Standard (RFS) with a national low-carbon fuel standard similar to what is in place in California. The statement came in response to a news story that Clinton had reached out to California Air Resources Board (CARB) officials to discuss whether a low-carbon fuel standard could be applied at a national level. The Clinton campaign said that this outreach was simply "part of the campaign's ongoing stakeholder outreach efforts." CARB chair Mary Nichols is considered to be on Clinton's short-list of potential EPA administrators. In other RFS news, AFPM formally petitioned EPA to move the point of obligation under the RFS from the refinery to rack sellers and the Renewable Fuels Association asked the Commodity Futures Trading Commission and the EPA to investigate whether anyone is manipulating the RINs market.