Topics: Small Refinery Exemptions

EPA Overturns Small Refinery Exemptions

The Environmental Protection Agency (EPA) overturned 31 small refinery exemptions SREs that were granted by the Trump Administration in August 2019. The effect of those 31 exemptions was to reduce the 2018 Renewable Fuel Standard (RFS) requirements by 1.43 billion gallons while increasing the supply of Renewable Identification Numbers (RINs), causing the prices for credits to drop significantly. More

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