Energy Fuel Policy & Supply Summit

Who Should Attend

Ethanol Producers
Biodiesel Companies
Automakers
Blenders
Biofuels Managers
Refiners
Utility Companies
Utility Regulators
Coal Professionals
Additive Companies
Fleet Owners & Operators
Government Officials
Investment Firms
Natural Gas Companies
Oil Executives
Pipeline Companies
Pricing Managers
Terminal Executives
Testing Facilities
Trading Houses
Transport Companies
Construction Firms
Attorneys
Consultants

Pre-Summit Workshop - Sunday, April 5, 2009

9:30 – 10:30 a.m.
Continental Breakfast & Registration

10:30 – 11:15 a.m.
Introduction to RFS-2
Robert Gough, Executive Editor – Renewables, OPIS

The Renewable Fuel Standard contains several provisions that impose fines of up to $32,500/day. An understanding of the key obligations of refiners, blenders and importers of finished gasoline and diesel is necessary to avoid stiff penalties. RFS-2 is a complete revision of a system that’s just two years old and in our opening session, you’ll see highlights of the key differences.

11:15 a.m. – 12:00 p.m.
Blending Targets & Carve-Outs
Speaker TBA

Obligated parties under the RFS-2 will be held individually responsible for blending their share of each of four different categories of biofuel. This session provides best practices and key understandings from the refiner and importer perspective. Find out where and how cellulosic ethanol, advanced biofuels, biomass-based diesel, ligno-cellulosic ethanol will make their debut in the U.S. biofuels space.

12:00 – 1:00 p.m.
Networking Luncheon

1:00 – 1:45 p.m.
The Good, the Bad, the Ugly and Super-RINs
Sandra Dunphy, Managing Director, L.T. Hawthorne & Co.

Renewable Identification Numbers (RINs) are the currency of compliance with the RFS-2 requirements. But they not only demonstrate blending in accordance with the law, they also represent potential new profit centers for those who buy, sell and trade them on the open market. Still, the devil is in the details and the penalties for playing the game wrongly are severe. Sandra outlines how you can win through RINs.

1:45 – 2:15 p.m.
RFS Waiver Process: When Would EPA Pull the Plug?
Robert Gough, Executive Editor – Renewables, OPIS

By law, EPA holds the final key to whether or not the RFS is implemented, and through the waiver process, the agency can act as the ultimate game-changer. Texas’ request for a one-year waiver of half of the RFS was denied last August and prompted the federal government to set a high bar for granting of waivers in the future. At the same time, the new standard opens the door for new players to challenge some or all of the biofuels blending mandates. In this session, discover who the players are and how to react when waiver requests surface.

2:15 – 2:30 p.m.
Refreshment Break

2:30 – 3:15 p.m.
Preparing for an EPA Audit
Bradley P. Pederson, CPA, Partner
Accounting and Auditing Department, Christianson & Associates

Kelly O’Farrell, CPA, Supervisor,
Accounting and Auditing Department, Christianson & Associates

An audit by EPA doesn’t have to be a scary thing if all of your paperwork is in order and you understand the rules for compliance. Our presenter is an expert in training companies on how to file quarterly reports, submit yearly attestations, track RIN activity, gauge RIN authenticity and prepare for a yearly audit. Gain a complete understanding of the EPA’s CDX system to help you avoid hours of headache and frustration.

3:15 – 4:00 p.m.
Tools for Worry-Free Compliance with RFS-2 Requirements
Gregory Staiti, Associate, Sutherland

At $32,500 per day per violation plus disgorgement charges that will take away any profit gained from non-compliance, you don’t want to risk getting on the wrong side of EPA enforcement officials. Our top industry attorney will use easy- to-understand layman terms to walk you through everything you need to know to not only stay within the letter of the law but also come out on top of the renewable credits game.

4:00 p.m.
Pre-Summit Workshop Adjourns
Welcoming Cocktail Reception Begins