Ethanol, Oil Industries Back EPA Proposal To Retain RFS 'Obligation' Point

Ethanol and oil industry groups are both backing EPA's proposal to reject a request from some refiners to shift the renewable fuel standard “point of obligation” compliance mandate from refiners and importers of fuel to companies that blend renewable fuels into transportation fuel, a rare unified position between the competing sectors. However, the American Fuel and Petrochemical Manufacturers (AFPM) -- representing many gasoline and petrochemical companies -- and others are expected to use their pending comments on the Obama administration's...