Posted 12/5/2018 08:13 (#7150043 - in reply to #7150002) Subject: HOW does Chevron get a HARDSHIP WAIVER?!?
These Small Refinery waivers are a JOKE!!
HOW does a company like CHEVRON get a "Hardship" waiver while making $9.2 Billion?
We SHOULD GET THESE Waived Gallons RE ISSUED so that the Statute of the RFS may be fufilled
CALL YOUR CONGRESSMAN and tell them you want this DONE!!
( https://www.reuters.com/article/us-usa-biofuels-waivers-exclusive/exclusive-epa-refinery-biofuel-waiver-program-on-hold-pending-review-sources-idUSKCN1NX1D9 ) Exclusive: EPA Refinery Biofuel Waiver Program on Hold Pending Review-Sources By Reuters Nov. 28, 2018
NEW YORK — The Trump Administration has temporarily frozen a program meant to exempt small oil refineries in financial distress from the U.S. biofuels law, as it reviews the scoring system to evaluate applications, according to two sources familiar with the matter.
The review means changes are likely to the program, which has become a lightning rod of controversy between the rival oil and corn industries since the Environmental Protection Agency vastly increased the number of waivers for last year.
Under the U.S. Renewable Fuel Standard, oil refiners must increasingly blend biofuels like corn-based ethanol into their fuel each year or purchase blending credits from those that do. The regulation was passed in 2005 to help farmers and cut fuel imports.
But small oil refineries can be exempted from the standard if they prove that compliance would cause disproportionate hardship. The EPA granted 29 such waivers for the 2017 compliance year, up from 14 in 2015 and 20 in 2016.
These "Small" Refinery Exemptions were NEVER Intended to be Utilized by the likes of Chevron.. who made?? 9.2 Billion last year... WTF?!?
The U.S. Environmental Protection Agency granted oil major Chevron Corp a 2017 hardship waiver from U.S. biofuel laws for its Utah refinery earlier this year, according to a source familiar with the company’s operations. Chevron, which reported a net income of $9.2 billion in 2017, becomes the largest known company to be awarded a "hardship" waiver from the Renewable Fuel Standard (RFS), which requires refiners to blend biofuels like ethanol into their fuel pool or buy compliance credits from competitors that do.
The waivers, which have grown significantly under the Trump administration, have angered corn-belt farmers who say it hurts demand for ethanol and other biofuels.