The People of America's Oil and Natural Gas Indusry

Renewable Fuel Standard

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The Energy Independence and Security Act of 2007 (EISA07) included an expanded Renewable Fuel Standard (RFS2), which the EPA used to develop a final rule effective July 1, 2010. To comply with the RFS2 biofuel producers and importers must blend increasing amounts of biofuels into gasoline and diesel.

Petroleum refiners and importers then must acquire sufficient RINs to demonstrate compliance with RFS2 based on the amount of gasoline and diesel they produce and/or import. The RFS2 is complex with four nested volumetric mandates: total renewable biofuel, advanced biofuel, cellulosic biofuel and biomass-based diesel.

More Information on the RFS: