AFPM: ‘Baffling’ final RFS will break cost records. In fact, it already is
American Fuel & Petrochemical Manufacturers (AFPM) President and CEO Chet Thompson issued the following statement today on the Environmental Protection Agency’s (EPA’s) announcement of a record-breaking final Renewable Fuel Standard (RFS) rule covering years 2026 and 2027:
“It’s baffling, with fuel prices already rising due to the conflict in Iran, that EPA is finalizing a rule that will make things far worse for consumers. The RFS already costs nearly 25-cents per gallon, and today’s rule will undoubtedly add tens of billions more. This is not what energy dominance looks like.”
The 2026–2027 RFS Renewable Volume Obligations (RVOs) finalized by the EPA are the largest in history and the mandate is projected to be the most expensive. RFS compliance costs hit all-time records this week, nearing 25 cents for each gallon of gasoline and diesel fuel produced in the United States.
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