American Fuel & Petrochemical Manufacturers (AFPM) President and CEO Chet Thompson issued the following statement March 27, 2026, on the Environmental Protection Agency’s (EPA’s) announcement of a record-breaking final Renewable Fuel Standard (RFS) rule covering years 2026 and 2027:
“It’s baffling, with fuel prices already rising due to the conflict in Iran, that EPA is finalizing a rule that will make things far worse for consumers. The RFS already costs nearly 25-cents per gallon, and today’s rule will undoubtedly add tens of billions more. This is not what energy dominance looks like.”
The 2026-2027 RFS Renewable Volume Obligations (RVOs) finalized by EPA are the largest in history and the mandate is projected to be the most expensive. RFS compliance costs hit all-time records this week, nearing 25 cents for each gallon of gasoline and diesel fuel produced in the United States.
For more information on the RFS, see these AFPM resources:
- The only lawful, acceptable number for RFS reallocation is zero
- RFS costs part I: Will the ’26-’27 RFS ‘unleash’ affordable, reliable energy?
- RFS costs part II: Would you pay $770 for an extra gallon of corn ethanol?
- EPA’s RFS proposal doesn’t square with the ‘energy dominance’ agenda
- AFPM: EPA reallocation proposal is a multi-billion-dollar addendum to a $70 billion RFS
- AFPM applauds Senator Lee’s bill to address reallocation
- AFPM response to EPA actions on RFS small refinery waiver backlog
- AFPM: RFS proposal misses the mark on affordability, security by an ‘Iowa mile’
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