Valero Files Petition to EPA on RFA Program

Valero Energy Corporation today filed a petition to the Environmental Protection Agency to reconsider and revise who is considered an “obligated party” under the Renewable Fuel Standard.

The company said making the change “will address supply constraints on renewable fuel in the transportation fuel market that impede the market’s ability to respond to renewable fuel volume mandates.”

Valero also filed two petitions for review at the D.C. Circuit Court of Appeals on Friday. One petition requests that the court review the updated standards for the renewable fuel standard program; the other requests a review of the EPA’s final rule “Regulation of Fuels and Fuel Additives: Changes to the Renewable Fuel Standard.”

The RFS program requires a certain volume of renewable fuel to replace or reduce the quantity of petroleum-based transportation fuel, heating oil or jet fuel, according to the EPA.


Washington Brief: Trump Tax Plan to Slash Business Rates, Boost Deductions for Individuals

President Donald Trump today is scheduled to outline the pillars of his plan to rewrite the U.S. tax code, with provisions such as lowering the rate for pass-through businesses to 15 percent from 39.6 percent and cutting the corporate rate. He’s not expected to endorse the border adjustment tax sought by House GOP leaders, but he plans to include a tax break for child-care expenses, viewed as a possible sweetener for Democrats.

Washington Brief: Week in Review & What’s Ahead

Congress has until midnight on April 28 to pass a spending bill that would keep the government open. While many lawmakers are hoping the funding measure will extend through the remainder of the fiscal year, which ends on Sept. 30, there is also talk of passing a short-term extension in order to buy more time to negotiate a deal that extends through September.

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