Oil companies file another lawsuit against RFS
“The oil industry fired yet another volley in its war against the Renewable Fuel Standard (RFS) by filing a lawsuit with the D.C. Circuit Court against the Environmental Protection Agency (EPA) over the volume requirements of the Renewable Fuel Standard (RFS),” reported the Renewable Fuels Association on Oct. 9.
The American Petroleum Institute lawsuit is non-senical and unmerited according the Renewable Fuels Association President and CEO Bob Dinneen. He said this action wasn’t unexpected because the oil companies have huge cash reserves for paying lawyers to fight anything they don’t like in the market place. He said the lawsuit should be thrown out of court.
In a separate comment, Dinneen said the government shutdown could impact EPA's release of the 2014 RFS targets due out in November, but the release for 2013 was delayed by nine months without a shutdown. The shutdown is impacting the markets for corn and ethanol with no government reports being released, but said it hasn’t been very significant in affecting the ethanol industry.
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