Leading market analysis. To view this email as a web page,
click here | A 10th Circuit Court ruled on Friday three small refinery exemptions (SREs) granted for the 2016 compliance year represented an overstepping of EPA’s authority. | |
|
| As we reported on Monday, a 10th Circuit Court ruled on Friday three small refinery exemptions (SREs) granted for the 2016 compliance year represented an overstepping of EPA’s authority. The Renewable Fuel Standard (RFS) is written in such a way that any hardship exemption after 2010 must take the form of an extension. That opens the possibility similar SREs could also be rescinded and could dramatically reduce EPA’s issuance of such waivers going forward. The industry is still working to assess the implications of this decision, but considering the number of SREs granted surged from seven in 2015 to 35 in 2017, the impact could be major. EPA granted 19 of 20 small refinery extension petitions in 2016, 35 of 36 eligible and maintained petitions in 2017, and 31 of 37 eligible and maintained petitions in 2018. The court opinion also points out the volume of exempted gasoline and diesel went from roughly 2 billion gallons in 2013 to a peak of 17 billion gallons in 2017, with another 13 billion gallons exempted in 2018. Read more. . . Stay updated with Pro Farmer's unbiased news, outlook and advice just $1 - no long-term commitment. | |
|
| For $1 we'll send you the most important news & analysis - no need to waste time searching online. Morning markets report with the First Thing Today email Afternoon daily market summary with the After the Bell email Breaking market advice & recommendations sent via text message Plus, your $1 includes these valuable member benefits: Detailed marketing plans and positions included in the weekly Pro Farmer newsletter Market pricing, charts and local cash bids Daily Market Advice Monitor on www.profarmer.com Open-line access to Pro Farmer editors and analysts to answer your specific questions. | |
|
| . . . gets to me faster with Pro Farmer "It seems most information I see on Pro Farmer I see it 24hrs later through other outlets. I have to give you guys credit that what you talk about gets to me faster than where I got that information before." - Indiana farmer
Read more customer reviews here. | |
|
|
|