“I’m looking forward to putting E15 in my car when we’re rolling in the summer months again.”
That’s NCGA first vice president of the Corn Board Kevin Ross talking about the proposed rule by the EPA to allow for year-round sales of E15. The administration released the proposal on Tuesday that would remove the Reid Vapor Pressure barrier.
American Coalition for Ethanol CEO Brian Jennings says this rule though does much more than just allow E15 year-round, and that might pose a problem in getting it completed by June 1, the beginning of the summer driving season when E15 is currently restricted.
“It contemplates several potential changes to how RINs are handled. That’s going to create a firestorm within the refining community.”
Jennings is skeptical that the rule gets completed by June 1 because even those in the ethanol industry may question those RIN reforms should they negatively impact retailers, marketers, and suppliers that are selling higher ethanol blends.
“I’ll be the first one to happily eat crow, however, on June 1 if they get this done, and say that I was wrong, and sing the praises of the administration.”
Before finalizing the rule, EPA will now accept comments from biofuel producers, farmers, and other stakeholders. Jennings is confident that it will eventually get done.
“Our conversations with the agency make us confident that they do have a variety of very legally sound ways they can get this done and we’ll just be working hard with them. Especially getting retailers to comment during this public period now to make it clear to EPA that the retail community has been on the sidelines in some parts because this rule has not been addressed.”
And Ross believes those retailers are the key piece.
“Flat out, it’s great to see it move forward, but to really make the impact to the market in the future we’re going to need more stations.”