by Jennifer Shike (Farm Journal Ag Web) With just eight days left in EPA Administrator Andrew Wheeler’s term, president and CEO of the Renewable Fuels Association (RFA) Geoff Cooper told AgriTalk’s host Chip Flory on Tuesday that he’s not surprised by reports that EPA may grant some waivers to oil refiners that would exempt them from requirements to blend biofuels into their fuel mix for the 2019 compliance year.
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The worst-case scenario right now would be EPA trying to grant all of those exemptions or the lion’s share of them, Cooper said. If that happens, the industry expects another 1.5 billion RINs returned to refiners which would flood the RIN market and torpedo prices.