Exclusive: Biden administration considering deep cuts on biofuels in win for oil industry – document

Exclusive: Biden administration considering deep cuts on biofuels in win for oil industry – document

US President Joe Biden hosts a virtual summit for the coronavirus disease (COVID-19) as part of the United Nations General Assembly (UNGA) from the Southern Courtroom on the White House Complex in Washington, United States, on September 22, 2021. Register now to get free unlimited access to Reuters.com Register NEW YORK (Reuters) – US President … Read more

The US Environmental Protection Agency is proposing to extend the deadline for refinery compliance with biofuel laws

The US Environmental Protection Agency is proposing to extend the deadline for refinery compliance with biofuel laws

NEW YORK (Reuters) – The U.S. Environmental Protection Agency on Thursday proposed giving oil refineries more time to demonstrate compliance with the country’s biofuel blending guidelines for 2020 and 2021. The move comes as the Environmental Protection Agency considers industry requests to ease mandates as the coronavirus pandemic crushes overall fuel demand. Many oil refineries … Read more

Analysis: US refiners bet farm will be backed by Biden on biofuels

Analysis: US refiners bet farm will be backed by Biden on biofuels

Options are seen at the gas pump including ethanol or no ethanol gas in Des Moines, Iowa, US, January 29, 2020. REUTERS/Brian Snyder Register now to get free unlimited access to Reuters.com Register NOV 11 (Reuters) – US commercial oil refiners like Monroe Energy and PBF Energy Inc are manipulating the White House and taking … Read more

Less than half of projected renewable diesel production in the US is likely by 2025 – study

Less than half of projected renewable diesel production in the US is likely by 2025 – study

Jan. 18 (Reuters) – U.S. refiners and biofuel companies are likely to reach less than half of the renewable diesel production the U.S. government projects for 2025 due to policy and feedstock restrictions, according to a study released Tuesday from the consulting firm Serology. Several petroleum refineries across North America plan to convert facilities to … Read more

Clarification: What’s at stake for the US Biofuel Blending Act in 2022 and beyond

Clarification: What’s at stake for the US Biofuel Blending Act in 2022 and beyond

NEW YORK, Jan 11 (Reuters) – The U.S. biofuel blending program known as the Renewable Fuel Standard (RFS) may see its most transformation so far in 2022, as the Biden administration must make decisions to reset the laws that mandate blending. Renewable fuels in the United States. The program is designed to allocate certain quantities … Read more