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

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…