Sky Quarry management attended the April 30 Nevada Fuel Resiliency Committee meeting convened by the governor to tackle recent fuel supply disruptions and a declared state emergency. The session brought together state leaders, regulators and industry representatives to assess vulnerabilities in logistics and refining capacity, positioning Sky Quarry at the center of Nevada’s push for energy independence.

Committee discussions emphasized federal measures treating energy infrastructure as a national security priority, referencing Export-Import Bank financing, Department of Defense offtake agreements, Department of Energy lending and Defense Production Act incentives. Sky Quarry sees these aligned policies as a gateway to secure funding, offtake contracts and infrastructure build-out for its refining and upstream assets.

The Eagle Springs Foreland Refinery is Nevada’s sole permitted facility with a nameplate capacity of approximately 5,000 barrels per day. Sky Quarry is exploring partnerships with regional producers to increase crude feedstock, offering diesel, vacuum gas oil, naphtha and asphalt products to Western U.S. markets and aiming to reduce reliance on imported refined fuels.

Management believes the convergence of state emergencies and federal mandates will drive significant capital inflows into domestic refining. Sky Quarry plans to leverage its Nevada footprint and integrated upstream-refining model to participate in state-led infrastructure projects and federally supported energy programs, potentially enhancing its valuation amid a sector revaluation.