Fuels & Renewable Policy
The oil and natural gas industry is dedicated meeting the energy challenges of the 21st century and ensuring that the transportation fuel needs of U.S. consumers are addressed in the decades ahead.
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An Analysis of the Renewable Fuel Standard’s RIN Market
API commissioned an analysis prepared by Covington & Burling to better understand the market behavior and consumer impacts of EPA’s proposed reforms. The report makes clear that the administration’s reform proposal for biofuels credits, known as Renewable Identification Numbers or RINs, under the Renewable Fuel Standard (RFS), both misdiagnose the problem and provide misguided and counterproductive cures.
