Black Friday is Now! Don’t miss out on up to 60% OFF InvestingProCLAIM SALE

U.S. refiner group sues Trump EPA over high-ethanol gasoline

Published 06/10/2019, 10:40 PM
© Reuters. FILE PHOTO: The U.S. Environmental Protection Agency (EPA) sign is seen on the podium at EPA headquarters in Washington

(Reuters) - The main U.S. refining industry association said on Monday it sued to block the Trump administration's effort to expand sales of higher ethanol blends of gasoline, arguing the move exceeded the administration's authority.

The legal challenge from the American Fuel and Petrochemical Manufacturers (AFPM) association escalated a battle between the oil and corn industries over the nation's biofuel policy, which requires refiners to blend biofuels like corn-based ethanol into their gasoline, often at great expense.

President Donald Trump had directed the Environmental Protection Agency to lift a summertime ban on the sale of gasoline containing 15 percent ethanol, called E15, in an effort to help farmers suffering from the U.S. trade war with China. The EPA unveiled its rule doing so on May 31.

The summertime E15 ban had been implemented during the Obama administration to reduce smog emissions, but Trump's EPA said E15's impact on air quality was similar to that of E10, which could already be sold year-round.

The tension over the policy move reflects how Trump has struggled to please both Big Oil and Big Agriculture, two critical constituencies in the Republican president's 2020 re-election bid.

AFPM asked the U.S. Court of Appeals for the District of Columbia to review the EPA's rule, in papers filed on Monday, said Diana Cronan, a spokeswoman for the group.

AFPM has one month to provide the court with the outline of its case, she said.

© Reuters. FILE PHOTO: The U.S. Environmental Protection Agency (EPA) sign is seen on the podium at EPA headquarters in Washington

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.