# PES Holdings, LLC, et. al. Bankruptcy Renewable Fuel Standard Settlement | US EPA

> The EPA and the US government reached a settlement with PES Holdings and affiliates, which filed for bankruptcy in January 2018, over their Clean Air Act Renewable Fuel Standard obligations. The settlement covers the Philadelphia refineries' RFS compliance.

- Date: 2018-03-12 · published 2018-03-12T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/65898-pes-holdings-llc-et-al-bankruptcy-renewable-fuel-standard-settlement-us-epa
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

The settlement resolves RFS compliance liabilities for a major East Coast refiner, which has limited direct effect on biofuel feedstock demand or grain prices.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2020-05-08 | [2020 PES Holdings, LLC, et. al. Bankruptcy Renewable Fuel Standard Settlement \| US EPA](https://feedsoft.ai/events/53002-2020-pes-holdings-llc-et-al-bankruptcy-renewable-fuel-standard-settlement-us-epa.md) | -0.1% | +8.5% |
| SBO | 2018-03-15 | [News, Notices and Announcements for the Renewable Fuel Standard \| US EPA](https://feedsoft.ai/events/65893-news-notices-and-announcements-for-the-renewable-fuel-standard-us-epa.md) | +1.9% | -0.5% |
| SBO | 2025-09-16 | [EPA Proposes Renewable Fuel Standards Supplemental Rule, Addresses Small Refinery Exemptions \| US EPA](https://feedsoft.ai/events/15087-epa-proposes-renewable-fuel-standards-supplemental-rule-addresses-small.md) | -4.3% | -2.4% |
| SBO | 2019-01-08 | [Renewable Fuel Standards Set for 2019](https://feedsoft.ai/events/60966-renewable-fuel-standards-set-for-2019.md) | -0.5% | +7.5% |
| SBO | 2022-12-01 | [EPA Takes Next Steps in Renewable Fuel Standard Program for 2023-25 \| US EPA](https://feedsoft.ai/events/15345-epa-takes-next-steps-in-renewable-fuel-standard-program-for-2023-25-us-epa.md) | -9.7% | -10.5% |
| SOY | 2020-05-08 | [2020 PES Holdings, LLC, et. al. Bankruptcy Renewable Fuel Standard Settlement \| US EPA](https://feedsoft.ai/events/53002-2020-pes-holdings-llc-et-al-bankruptcy-renewable-fuel-standard-settlement-us-epa.md) | -0.7% | +3.1% |
| SOY | 2025-09-16 | [EPA Proposes Renewable Fuel Standards Supplemental Rule, Addresses Small Refinery Exemptions \| US EPA](https://feedsoft.ai/events/15087-epa-proposes-renewable-fuel-standards-supplemental-rule-addresses-small.md) | -3.0% | -3.4% |
| SOY | 2026-04-01 | [Policy Updates: EPA sets record high biofuel volumes in Renewable Fuel Standard final rule - Pro Farmer](https://feedsoft.ai/events/15031-policy-updates-epa-sets-record-high-biofuel-volumes-in-renewable-fuel-standard.md) | -0.8% | +1.0% |

## Sources

- epa.gov: https://www.epa.gov/enforcement/pes-holdings-llc-et-al-bankruptcy-renewable-fuel-standard-settlement

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.