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Thursday, August 15, 2019

Grassley wants RFS waiver info from SEC filings

Senate Finance Committee Chairman Chuck Grassley, R-Iowa, said he wants to use Security and Exchange Commission (SEC) filings to highlight the extent to which major oil companies are benefitting from the small refiner exemptions relative to their Renewable Fuel Standard (RFS) obligations.

“We cannot let (oil companies) hide behind proprietary information,” Grassley told reporters Tuesday. “If they are getting help from the government, the government needs to know the basis for their help and the public needs to know.”

Confidentiality provisions currently preclude EPA from disclosing specific information on individual SREs granted.

However, the agency is seeking comment on making additional information available to the public, information they maintain is not confidential business information.