Examples of RFS Program in a sentence
What Is the RFS Program Standard?EPA is required to convert the aggregate national volumes of renewable fuel specified in the Act intocorresponding renewable fuel standards expressed as a percent of gasoline production or importation.
Feasibility of the RFS Program Volume ObligationsThis section examines whether there are any feasibility issues associated with the meeting the minimum renewable fuel requirements of the Energy Act.Issues are examined with respect to renewable production capacity, cellulosic ethanol production capacity, and distribution system capability.
Renewable Fuel Standard (RFS) Program AmendmentsIn this rule, we are clarifying requirements related to existing cellulosic biofuel pathways under the RFS program, and adopting new cellulosic biofuel pathways.
PESRM’s Adjusted EBITDA was $273.6 million and $232.9 in 2014 and 2015, respectively, despite the massive cost imposed on the Debtors by the RFS Program during this period, largely driven by access to this domestic crude oil discount.
PESRM’s ability to blend biofuels is very limited because it does not own sufficient blending infrastructure and its position in the fuel distribution chain limits its ability to sell blended gasoline and diesel fuel and capture the RINs needed for compliance with the RFS Program.
PESRM’s most significant cost of regulatory compliance is its cost of complying with the RFS Program.
Obligated Parties demonstrate compliance with the RFS Program by retiring into the EPA controlled EMTS system the RINs that they separate through their own blending activities or those that they purchase from other market participants.
While non-obligated blenders, large fuel retailers and large integrated refiners receive windfall profits from the RFS Program, independent merchant refiners like PESRM are subjected to a large and increasing compliance cost.
The RFS Program requires refiners to blend “biofuels” such as ethanol into the gasoline and diesel fuels they produce and sell in the United States or, if they are unable to do so, to purchase RINs in lieu of blending.
Annual Compliance Data for Obligated Parties and Renewable Fuel Exporters under the Renewable Fuel Standard (RFS) Program.