Hogan T.,Turner Mason and Company
American Fuel and Petrochemical Manufacturers, AFPM - AFPM Annual Meeting 2014 | Year: 2014
The RFS2 program looked to be unsustainable in 2013. Gasoline demand was only projected to be ∼ 8.8 million bpd in 2013, with gasoline for future years continuing to decrease as CAFE standards started. Demand for gasoline/ethanol blends in excess of 10 vol % was very small with essentially no demand for E15 and demand of < 100 million gal of E85. The EPA proposed significantly lower renewable fuel obligations for 2014, compared with both the 2014 original mandate and the 2013 obligation. The proposed changes to the program and the characteristics o the program were discussed. This is an abstract of a paper presented at the AFPM Annual Meeting (Orlando, FL 3/23-25/2014).