RFA Update on COVID-19 Impacts, RFS Developments, and Other Ethanol Issues
Through the middle of April, the COVID-19 pandemic, coupled with the effects of the Saudi-Russia oil price war, has had a devastating impact on the U.S. ethanol industry, slashing production by half and leading to the idling of dozens of plants across rural America. This week, governors from five of the top oil producing and refining states asked EPA to waive renewable volume obligations, which would cause even more harm to ethanol producers and the communities they support.
Today, in a conference call for news media, Renewable Fuels Association leaders will discuss the impact of these hits—and what the organization is doing to address this crisis. RFA Chief Economist Scott Richman discussed a new analysis assessing the ongoing damage to the industry and providing a look at the impacts on the broader economy.
Geoff Cooper, President and CEO, Renewable Fuels Association
Neil Koehler, Chairman, RFA; Co-Founder and CEO of Pacific Ethanol
Mike Jerke, CEO of Southwest Iowa Renewable Energy
Mick Henderson, General Manager, Commonwealth Agri-Energy
Scott Richman, Chief Economist, Renewable Fuels Association
The Renewable Fuels Association is the leading trade association for America’s ethanol industry. Its mission is to advance the development, production, and use of ethanol fuel by strengthening America’s ethanol industry and raising awareness about the benefits of renewable fuels. RFA’s members are working to help America become cleaner, safer, more energy independent and economically secure. For more information, visit EthanolRFA.org.
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04-20-20 RFA Update on COVID-19 Impacts, RFS Developments, and Other Ethanol Issues
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