On Tuesday, the Environmental Protection Agency released their supplemental rule on the recently announced small refinery exemptions (SREs).
EPA is co-proposing additional volumes representing complete (100 percent) reallocation or 50 percent reallocation for SREs granted in full or in part for 2023 and 2024, as well as those projected to be granted for 2025, as part of the ongoing RFS rulemaking.
In addition, EPA is also asking for comments on no reallocations at all. EPA is also providing more information on its projection of SREs to inform the calculation of the 2026 and 2027 percentage standards.
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