E15 Demand and Small Refinery Waivers: A Battle over Long-Run Market Share

Gabriel Lade

Center for Agricultural and Rural Development (CARD) Publications from Center for Agricultural and Rural Development (CARD) at Iowa State University

Abstract: If you follow news around the Renewable Fuel Standard, you have probably heard about small refinery exemptions and E15. E15 is a small market-just over half of one percent of gas stations in the United States sell the fuel. Meanwhile, SREs reduced the total RFS mandates by over four billion gallons from 2016 to 2018. In this article, I argue that the battle over E15 is intricately related to SREs beyond the ‘great compromise' the Trump administration is selling to the ethanol and oil industries.

Date: 2019-11
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Persistent link: https://EconPapers.repec.org/RePEc:ias:cpaper:apr-fall-2019-5

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