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EPA Agrees to Issue Final 2014 and 2015 RFS Rules by November 30

WASHINGTON, April 10, 2015 (GLOBE NEWSWIRE) -- Last month, the American Fuel & Petrochemical Manufacturers (AFPM) and the American Petroleum Institute (API) filed a lawsuit in the U.S. District Court for the District of Columbia to force the Environmental Protection Agency (EPA) to issue long overdue rules implementing the federal Renewable Fuel Standard (RFS). The annual RFS rules set the volumes of ethanol and biodiesel that must be blended into the U.S. transportation fuel supply. Earlier today, the parties filed with the court a draft consent decree that, once implemented, would resolve the case.

The consent decree obligates the Environmental Protection Agency to issue final RFS rules for 2014 and 2015 by November 30 of this year. EPA's delay in issuing the rules, which in the case of 2014 is more than a year late, has forced refiners to guess at their legal obligations to blend renewable fuels, and resulted in unnecessary market uncertainty that ultimately harms the U.S. refining industry, biofuel producers, and consumers.

"While we are pleased that we were able to negotiate a deadline that requires EPA to issue the overdue RFS rules, we remain concerned with the government's implementation of this broken program," AFPM General Counsel Rich Moskowitz said. "EPA's failure to comply with the statutory deadlines injures refiners and exacerbates the problems associated with this unreasonable government mandate."

"We hope that this outcome will enable EPA to issue future RFS implementation rules in accordance with the Congressionally-mandated deadlines that were designed to provide refiners with some regulatory certainty and the ability to adjust their compliance strategies throughout the compliance period," Moskowitz added.

Congress established the RFS under the Energy Policy Act of 2005 and expanded the program two years later under the Energy Independence and Security Act of 2007 primarily to reduce dependence on foreign oil. Ten years later, the United States is the largest producer of oil and natural gas and the initial premise of the RFS is no longer valid. That fact, coupled with unrealistic mandates and increasing evidence of ethanol's harmful impact on the environment, provide more than sufficient justification for Congress to repeal the RFS.

About AFPM

AFPM, the American Fuel & Petrochemical Manufacturers is a trade association representing high-tech American manufacturers of virtually the entire U.S. supply of gasoline, diesel, jet fuel, other fuels and home heating oil, as well as the petrochemicals used as building blocks for thousands of vital products in daily life. AFPM members make modern life possible and keep America moving and growing as they meet the needs of our nation and local communities, strengthen economic and national security, and support 2 million American jobs.

CONTACT: media@afpm.org

Source: American Fuel & Petrochemical Manufacturers