Why the biofuels market might be less than excited by the EPA’s 2019 proposed RVO’s

At first glance, the 2019 RVO looks like a positive step forward for the biofuels industry, especially after the mis-steps of the EPA over 2017.  However, under slightly closer scrutiny the numbers don’t add up.

Year over year, the overall biofuel RVO increases by 3% for 2019, roughly 590 million gallons.  This is a favorable increase and…