A study shows that U.S. ethanol makers will lose significant sales revenue if the EPA continues exempting small refiners from mandated blending obligations.
“Over the next six years, the losses in terms of revenues that are foregone by the industry approach $20 billion,” said Scott Richman, economist for the Renewable Fuels Association, in an interview with Brownfield Ag News. Analysis by the Food and Agriculture Policy Research Institute (FAPRI) shows continuing the waivers could result in losing 4.6 billion gallons of domestic ethanol demand, Richman added.
