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Trump Administration Reviewing Icahn RFS Request


The White House has no position on proposed changes to the Renewable Fuel Standard yet, but is mulling over a request by Carl Icahn. The Trump administration is reviewing the proposal that would change the burden of complying with biofuel quotas from refiners to blenders. However, White House officials say the administration has no position “either way on this issue at this time.” Icahn is a majority owner in CVR Energy and has long pushed for the change. News of an alleged executive order requiring the change last week pitted ethanol groups against each other.

The Renewable Fuels Association supported the request because of an agreement of a waiver allowing gasoline blends with 15 percent ethanol to be sold year-round in U.S. markets. Growth Energy condemned the request, saying the proposal would undermine “America’s progress under the RFS.”

Source: NAFB News Service