USW Tentatively Supports RFS Compromise Announced Yesterday
The deal aims to provide relief for merchant refiners by incorporating additional Renewable Identification Number (RINs) generated by exports while permitting 15 percent ethanol fuels to be sold year round.
- The deal aims to provide relief for merchant refiners by incorporating additional Renewable Identification Number (RINs) generated by exports while permitting 15 percent ethanol fuels to be sold year round.
- USW members at Philadelphia Energy Solutions (PES) experienced significant uncertainty as the company went through bankruptcy earlier this year partly due to high RFS compliance costs.
- The USW said that it will continue to engage Congress and the administration to ensure that RFS reform will benefit consumers and protect oil jobs without significantly impacting the ethanol industry.
- The USW represents 850,000 workers in North America employed in many industries that include metals, rubber, chemicals, paper, oil refining and the service and public sectors.