South Dakota Attorney General Marty Jackley has joined his counterparts from Iowa and Nebraska in calling on four federal agencies to investigate whether large oil refiners are evading their obligations under the Renewable Fuel Standard (RFS) program.
The RFS, a key component of President Trump’s national energy policy, mandates that major refineries blend a minimum volume of ethanol into their fuel supply to support domestic energy independence. While exemptions are available for facilities facing genuine economic hardship, the Attorneys General are raising concerns about potential abuse of this provision.
Their letter highlights a troubling discrepancy: some refiners are reporting strong profits to the SEC while simultaneously applying for hardship exemptions from the RFS. The Attorneys General are urging federal agencies to share data and assess whether these companies are misrepresenting their financial status to avoid compliance.
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