The U.S. Supreme Court decided on Friday that small refinery exemptions (SREs) may be applied for despite there being a lapse in time between application years. In a 6-3 ruling, the court sided with HollyFrontier and CVR Energy and reversed the 10th Circuit Court’s decision that SRE applications need to be continuous from year to year.
In the Supreme Court’s opinion, “when Congress created the renewable fuels program, they required most domestic refiners to blend renewable fuels into the transportation fuels they produce. Realizing this might create an unreasonable strain on smaller refiners, Congress created a blanket exemption from complying with these standards for small refiners through 2011.” Congress also directed the Environmental Protection Agency (EPA) to “extend the exemption under clause (i)” through 2013 if the blending…
02.26.2025
US animal fats and oils prices steady as weaker RINs, energy markets weigh on sentiment
The US animal fats and oils markets held mostly steady on Wednesday February 26 as sentiment softened amid expectations that prices may have little room left to move higher,...
02.26.2025
Single species MBM prices rise; mixed species MBM continues to lag
Porcine meat and bone meal (MBM) prices were higher on Wednesday February 26, trading up to $280 per ton FOB Missouri River and Eastern Iowa/Illinois.
Sources reported that...
02.26.2025
US weekly ethanol production drops; stocks hit 4-year high
US weekly average ethanol production decreased to 1.081 million barrels per day in the week to February 21, according to the US Energy Information Administration (EIA) report released on...