It’s probably too late this year for the Environmental Protection Agency to approve year round use of E15 so it can be offered this summer. That’s according to Iowa Senator Chuck Grassley. He says the administration’s commitment for year round use of E15 will likely have to wait until next year because there’s just a few days before a waiver deadline hits for this summer.
Grassley says meanwhile without action or other parts of the deal President Trump brokered between the ethanol and oil industries he can’t tell yet if the deal is a win for ethanol.
Those include RINS compliance credits on ethanol exports, deciding renewable fuel waivers before next year’s total biofuel volumes and assigning waived volumes to other refiners to maintain the required annual ethanol volume.
Grassley says the President and EPA administrator decided EPA would work out details of the year round e15 use, but adds….
He says that leaves much uncertainty about a deal that was suppose to clear up uncertainty and EPA practices that so far have destroyed some 1.6 billion gallons of ethanol demand.
