In Washington, Growth Energy issued the following statement after the U.S. Environmental Protection Agency (EPA) announced its decision on six small refinery exemption (SRE) petitions under the Renewable Fuel Standard (RFS). Specifically, EPA granted one full exemption (100%) and two partial exemptions (50%) for the 2024 compliance year, and then deemed one petition for 2024 […]
In Washington, Brownfield Ag News reports U.S. Energy Information Administration data shows ethanol production climbed to 1.133 million barrels per day last week, the second-highest weekly average on record. Production increased by 39,000 barrels per day from the previous week and 37,000 from a year earlier, supported by favorable ethanol margins and strong corn demand. […]
In Washington, the U.S. Environmental Protection Agency has approved Renewable Energy Group’s petition to generate Renewable Identification Numbers (RINs) from renewable fuels produced using CoverCress oil at Chevron’s Geismar, Louisiana, facility. The approval allows renewable diesel and sustainable aviation fuel to qualify for D4 biomass-based diesel RINs, while renewable naphtha and liquefied petroleum gas qualify […]
In Washington, Bloomberg reports HF Sinclair has filed a lawsuit against the U.S. Environmental Protection Agency, accusing the agency of delaying decisions on small refinery exemptions from federal biofuel blending mandates. The legal action follows a similar lawsuit by the American Fuel and Petrochemical Manufacturers, which argues the mandates will significantly increase compliance costs and […]
In Washington, Bloomberg reports Generation of D4 and D5 Renewable Identification Numbers (RINs) climbed to 861.7 million in June but remained well below the roughly 959 million needed to meet the EPA’s projected compliance obligation, including export-related requirements. As a result, the RIN bank is estimated to have fallen to about 1.07 billion credits by […]
In Washington, Brownfield Ag News reports Energy Information Administration data shows ethanol production jumped to 1.094 million barrels per day last week after slipping earlier in the month. With profit margins remaining healthy, producers were able to increase stocks to 24.481 million barrels despite significantly higher exports at 158,000 barrels per day, nearly double the […]
In Washington, the US Trade Representative is taking final action, at President Trump’s direction, under Section 301 of the Trade Act of 1974 by imposing a 25% tariff on certain goods of Brazil. This follows a yearlong investigation by USTR that determined that certain Brazilian measures related to digital trade and electronic payment services; unfair, […]
In Washington, a group of over 30 environmental organizations shared the below open letter with the U.S. Senate opposing proposed “year-round E15” legislation that would allow gasoline blended with 15 percent ethanol to be sold throughout the year, an increase from the common 10 percent blend. The letter claims that shifting to year-round E15 will […]
In Washington, Brownfield Ag News reports Energy Information Agency reports ethanol inventories dropped to 23.928 million barrels last week, the lowest level since early January. Stocks fell by 762,000 barrels from the previous week and were slightly below year-ago levels, indicating continued strong domestic demand. Ethanol production averaged 1.093 million barrels per day, down from […]
In Washington, an updated federal rule took effect July 9 for the Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Program, also known as the Section 9003 Program. The program provides loan guarantees of up to $250 million to assist with the development, construction and retrofitting of facilities that produce advanced biofuels, renewable chemicals and biobased products, […]
