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White House RFS meeting points to positive outcomes for ethanol

Reports from a White House meeting on the RFS point to some positive outcomes for the renewable fuels industry.

Iowa Renewable Fuels Association executive director Monte Shaw says his sources tell him Tuesday’s meeting did not end with any conclusive decisions.

“There was no overall agreement, nothing was wrapped up.  We’re pleased that the parties involved did agree that we should be allowed to sell E15 year-round.  They (als0) agreed that the Cruz RIN cap concept is dead, so that’s good.”

Ethanol supporters have been seeking RVP relief to allow year-round access of E15.

The RIN cap proposed by Senator Cruz was considered potentially devastating by corn state lawmakers like Chuck Grassley of Iowa, who says the artificial cap would’ve destroyed demand for biofuels.

Shaw tells Brownfield there are still questions about how the Administration will handle small oil refinery exemptions.

“And some of that talk turned to perhaps allowing gallons of export biofuels to count towards the domestic RFS.  Well, that’s ridiculous.  So there’s still going to be ongoing discussions of a plan that might look at that.”

Following Tuesday’s meeting, Grassley said President Trump allowing for the sale of E15 year-round is good news for farmers and consumers.

The Republican Senator also continued to rail on Scott Pruitt, saying the EPA hardship waivers issued by the administrator are undercutting the President’s commitment to the RFS.

 

 

 

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