BIOFUELS UPDATE: Grassley Says Executive Order on RFS Obligation Not ‘Imminent’

Reported from OPIS March 3, 2017 at 10:55 EST

U.S. Sen. Chuck Grassley (R-Iowa) Wednesday said “there’s no reason to believe” an executive order from President Donald Trump that would change the point of obligation under the Renewable Fuel Standard (RFS) is “imminent” and reiterated his support for keeping program compliance responsibility with refiners and fuel importers.

In a statement, the senator said he and his staff “spoke to several sources on reports of an imminent executive order that would make significant changes to the [RFS], specifically to the point of obligation requirement for the renewable fuel.”

“Based on conversations my staff and I had, there’s no reason to believe that such an executive order is pending or imminent. In case a change like that would be under consideration, I expressed my concerns to a top official so my position is known. As I’ve said before, keeping the point of obligation where it is now, with refiners and importers, has worked and makes sense. Moving the point of obligation from a handful of refiners to hundreds or thousands of small fuel retailers would undermine the integrity and viability of this successful program.

“The President and the Administration so far have committed to upholding the Renewable Fuel Standard. I’ll continue to seek answers from the Administration whenever something appears in conflict with that commitment.”

Please like & share: