Small Refinery Relief Act of 2023

This bill adjusts the renewable fuel program for small refineries under the Clean Air Act. It establishes specific credit generation rates: 1.5 credits per gallon of gasoline blended with ethanol and 2.0 credits per gallon of diesel blended with biodiesel. It also reduces the required renewable volume obligation to 50% of a small refinery's annual gasoline production and 30% of its diesel production. Any excess blending beyond this reduced obligation generates tradable credits, directly affecting small refineries' compliance with renewable fuel standards.