Monthly Archives: January 2015
The BIS Speaks Again: The Latest on the Crude Oil and Condensate Export Ban
2014 was a year of intense debate – political, economic, and technical – over repealing or revising the federal law and regulations that essentially ban the export of US crude oil. The issue took an intriguing turn on December 30. While the rest of us were gearing down to celebrate the new year, the [...]
The CBO Finds That Future RFS Volume Mandates Pose “Significant Challenges”
In June 2014, the Congressional Budget Office (CBO) published an analysis of the feasibility and economic implications of achieving future annual renewable fuel mandate volumes[1] for the federal Renewable Fuels Standard (RFS). Here in Regulation City, refining industry advocates praised the CBO analysis; ethanol industry advocates trashed it. Elsewhere, the report attracted little attention. That’s [...]