The Environmental Protection Agency (EPA) released the Renewable Volume Obligations (RVOs) for 2019 and 2020. Corn ethanol remains at 15 billion gallons, but there were some increases on the biodiesel side. How positive should we be with those numbers with Scott Pruitt running the EPA?
Iowa Renewable Fuels Association Executive Director Monte Shaw says while ethanol remained at the 15-billion-gallon level, biodiesel numbers did rise. However, biodiesel can be hurt be waivers, just like ethanol.
The real worry comes from whether the 15 billion gallons of ethanol will ever get blended. Shaw says we have a “Pruitt Problem”, and the RFS will remain in danger if this problem continues.
Shaw had some additional concerns…
Audio: IRFA’s Monte Shaw worries that refiners are making waivers part of their plan, because they know Pruitt will grant them.
Audio: Shaw calls Pruitt’s honesty into question, based on the handling of E-15.
Audio: Shaw encourges producers to thank those Congressional members for fighting for renewable fuels. He especially singles out Iowa Senators Grassley and Ernst for being “the tip of the spear.”