The Supreme Court could rule as early as June 25 on the legality of the Trump Administration's aggressive approach to issuing small refinery exemptions under the Renewable Fuel Standard (RFS). If the ruling doesn't come by then, it will come at some point between now and early to mid-July. The Court's decision takes place against the backdrop of discussions within the Biden Administration surrounding how to prevent prices for renewable identification numbers from reaching exceedingly high levels. These discussions appear to be driven primarily by efforts to assist a Delaware refinery that has a longstanding relationship with the President and his allies in Congress. More
