How Does the RFS Affect Retailers?

The latest NACS Convenience Matters podcast explores the Renewable Fuel Standard and how retailers, consumers and other market participants have been affected.

July 19, 2016

ALEXANDRIA, Va. – Mandates require ethanol to be blended into transportation fuels, and today 10% of all gas sold is actually ethanol. What’s next with both mandates and consumer demand for ethanol?

In the latest NACS Convenience Matters podcast, program co-hosts Jeff Lenard, NACS vice president of strategic industry initiatives, and John Eichberger, executive director of the Fuels Institute, talk to Paige Anderson, NACS director of government relations, about the status of renewable fuels on the episode “How Does the Renewable Fuel Standard Affect Me?” The program can be downloaded on iTunes by searching for “Convenience Matters.” It’s also available at nacsonline.com/podcasts.

The Renewable Fuel Standard, otherwise known as the RFS, has been around for more than a decade. But the idea of using renewable fuels like ethanol has been around since the first automobile in the 1880s, which actually was fueled by ethanol. Today, ethanol comprises about 10% of the total fuel sold in the United States, but there are some changes coming that will affect both retailers and their customers.

“As policymakers examine the RFS, it’s critical for retailers and their customers to understand the implications of any changes and how these changes could affect their operations,” Lenard said.

A new podcast will be released every week, focusing on topics related to convenience stores. 

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