The proposed RVO requirements are not final but the market seems to understand the underlying message. EPA is attempting to satisfy both sides of the never-ending conflict between renewable fuels and oil. Ignore that the RVOs are based on percentages and are self-correcting regardless of whether actual volumes exceed or retreat from forecasted numbers. EPA desires to move past this conflict and may be stretching limits by reducing the 2020 RVO Final Ruling and going below statute on the 2021 proposal. However, they are offering an olive branch alongside the proposed RVOs.
Separately, EPA has proposed denying all 2019 and 2020 small refinery exemptions (SREs) and is currently taking comments on the proposal.
EPA has conducted extensive analysis and review of information provided by small refineries in their SRE petitions to the…
01.09.2025
Additional 45z guidance expected on January 10
Information addressing the Bipartisan Infrastructure Law (BIL) and the Inflation Reduction Act (IRA) is expected to be released on Friday January 10, according to several sources speaking with...
01.09.2025
Prices for US animal fats and oils unchanged; market tightness persists
The US animal fats and oils markets were unchanged on Thursday January 9, as trade slowed following an active start to the week.
Participants continued to report stable pricing in...
01.09.2025
Averted ILA port strike eases animal protein market tension; November dog, cat food exports rise
US animal protein prices were steady on Thursday January 9. With the International Longshoremen’s Association (ILA) port strike avoided, sources expect unease to diminish to a degree. However, trade...