Rural Issue

Analysis of White House RFS meeting scenarios

According to various sources, here’s what took place at today’s White House meeting on the RFS:

• President Trump reiterated his pledge to allow year-round E15 sales
• Ag Secretary Perdue & EPA Administrator Pruitt will consider allowing RINs from exported biofuel to count toward quotas
• Pruitt signaled his willingness to reallocate waived biofuel volumes
• No artificial cap on RIN prices

We discussed those possible scenarios with University of Illinois ag economist Scott Irwin, who has been closely following the RFS debate over the past several months .

AUDIO: Scott Irwin