November 19,
2013 | Vol.
63, No. 23
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Dear PEI Member: The U.S. Environmental Protection
Agency (EPA) on November 15 proposed for public comment the 2014 levels of
renewable fuels to be blended into gasoline and diesel as required by
Congress under the Energy Independence and Security Act of 2007. The proposal would lower the 2014 renewable biofuel
mandate from 18.15 billion gallons to a range of 15 billion to 15.52 billion
gallons. EPA’s recommended target of 15.21 billion gallons is within the
proposed range. That includes 13.01 billion gallons of corn ethanol and 2.20
billion gallons of biodiesel and advanced biofuels. The corn ethanol target
of 13 billion gallons represents almost exactly 10 percent of the gasoline
consumption forecast by the U.S. Energy Information Administration for next
year. EPA also proposed changes for cellulosic biofuels, with a range
between 8 million and 30 million gallons and a recommended target of 17
million gallons. The proposed 2014 biofuels blending mandate of 15.21
billion gallons is down from the 16.55 billion gallon target finalized for
2013, and 14 percent lower than the original 2014 goal envisioned by
Congress. The Renewable Fuel Standard (RFS) requires annually increasing
amounts of biofuels to be added into U.S. transportation fuel supplies, to a
total of 36 billion gallons in 2022. This marks the first time in the history of the RFS
that EPA has proposed to scale back the government’s overall biofuel
blending target for the forthcoming year. If the proposed targets become
law, the biofuels markets will stagnate with no growth expected in the
foreseeable future. The bottom line for petroleum marketers is that E10—the
blend sold in almost all gasoline stations in the U.S. today—will not be
tampered with, but that 15-percent (E15) and 85-percent (E85) ethanol blends
primarily will be sold as niche or regional products. The proposal is subject to a 60-day comment period, and
could later be changed. TOPICS FOR FUTURE RECOMMENDED PRACTICES REQUESTED |
EPA Proposes 2014 Renewable Fuels Levels PEI Seeks Topics For Future RPs RP1000 Comment Deadline Nov. 22
2014 Young Executives Mid-Winter Conference
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If there is a topic you believe PEI should consider developing as a recommended practice, we would like to hear from you. If you have submitted a topic that was not selected in the past, you must resubmit. Email Bob Young byoung@pei.org with your suggestions by December 20. Please include the purpose and scope of the proposed document, along with the intended audience. We will compile the responses and forward them to PEI’s Recommended Practices Committee for its review and recommendations to the PEI Board of Directors. LAST CHANCE FOR CHANGES TO PEI’S MARINA SYSTEM
INSTALLATION DOCUMENT ENVIRONMENTAL CONTRACTORS IN TROUBLE WITH STATE UST
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© 2013 The TulsaLetter (ISSN 0193-9467) is published two or three times each month by the Petroleum Equipment Institute. Robert N. Renkes, Executive Vice President, Editor. Opinions expressed are the opinions of the Editor. Basic circulation confined to PEI members. |