Biofuel Groups Say RFS Delay Will Cause More Uncertainty

Biofuel Groups Say RFS Delay Will Cause More Uncertainty

Please Note – Bob Lane was out of the office today and will return on Monday, Nov. 22th.

Latest RFS Compliance Delay Means More Uncertainty for Markets

The U.S. EPA’s proposed extension of compliance deadlines for biofuel blending mandates will only create additional uncertainty and volatility for the markets, various industry organizations said. On Thursday, EPA said it will propose an extension for 2020 and 2021 compliance reporting deadlines and will also suggest changing the annual reporting deadline for 2022 and thereafter for all obligated parties. Earlier this year, the EPA extended the 2019 compliance reporting deadline.

“There’s no good reason for EPA to kick the can down the road again, which only adds uncertainty and instability to the marketplace,” Renewable Fuels Association President and CEO Geoff Cooper said in a statement. “Refiners and the EPA need to respect and meet deadlines, and we likewise call…

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

12.20.2024

45z guidance fails to appear; government scrambles to pass spending bill

45z guidance fails to appear; government scrambles to pass spending bill

The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...

12.20.2024

US animal fats and oils end week softer across the board ahead of holiday slowdown

US animal fats and oils end week softer across the board ahead of holiday slowdown

Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...

12.20.2024

December cattle on feed down on month, year

December cattle on feed down on month, year

Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.

The only significant price...

Latest Tweets