Statement from Philadelphia Energy Solutions and the United Steelworkers on the Blatant Mischaracterizations Made by the Renewable Fuels Lobby

Philadelphia Energy Solutions (“PES”) Chief Executive Officer Gregory
G. Gatta and United Steelworkers (“USW”) International President Leo W.
Gerard today issued the following statement and accompanying fact sheet
in response to the false and misleading statements made by the Renewable
Fuels Association (“RFA”) and others about PES and the job-destroying
financial burdens imposed on independent merchant refiners by the
Renewable Identification Numbers (“RINs”) compliance mechanism under the
Renewable Fuel Standard (“RFS”).

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“Philadelphia Energy Solutions and the United Steelworkers are appalled
that the Renewable Fuels Association has launched a dishonest campaign,
fabricating “facts” about PES’s business and mocking the livelihoods of
thousands of manufacturing workers in refineries across America. The
facts are this: PES is a solid business providing energy security for
America and employment for 1,100 dedicated refinery workers who every
day help power homes, businesses and transportation throughout the
Northeast United States.

We believe strongly that energy diversity in source and supply is
critical to American energy security, reliability and affordability, and
it sustains thousands of American workers and their families.
Unfortunately, the RFA has attacked the hardworking men and women of the
refinery industry, comparing them unfavorably with farmers whom the RFA
“would pick…any day of the week.” We don’t believe in choosing winners
and losers; there is a solution that allows all of us to thrive. Unlike
the RFA’s denigration of the value of American refinery workers, we are
not fighting against ethanol or other biofuel producers, farmers and the
many Americans they employ. In fact, PES consistently blends as much
ethanol and other biofuels as its customers will allow. We simply want
to correct the flawed and indefensible RINs compliance mechanism that is
destroying the independent merchant refining industry and the thousands
of families sustained by it. PES and the USW believe we can all
participate in the energy market on an even playing field.

Despite these attacks, we will continue the work of improving our
business, providing high quality and high wage jobs to our employees,
and delivering essential fuels to our community. We will also continue
to advocate for reform of the flawed RINs compliance mechanism that
threatens thousands of well-paying jobs and the independent refineries
that provide critical energy supply to the United States.”

For more information, including a breakdown of the myths posed by the
RFA, please visit our fact
sheet here.

About Philadelphia Energy Solutions Refining &
Marketing LLC

Philadelphia Energy Solutions (PESRM) owns and operates the Point Breeze
and Girard Point oil refineries located on an integrated, 1,300 acre
refining complex in Philadelphia. The 335,000 barrels per day of
combined capacity makes PESRM the largest refining complex on the
Eastern Seaboard.

About United Steelworkers

The USW represents 850,000 workers in North America employed in many
industries that include metals, rubber, chemicals, paper, oil refining
and the service and public sectors. For more information: www.usw.org

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