The Environmental Protection Agency announced a proposed deal that would compute the biofuel volume refiners need to blend based on a three-year average of exempted gallons. The proposal is based on a Department of Energy recommendation and is designed to address concerns raised by corn farmers about the EPA's August decision to provide Renewable Fuel Standard exemptions to 31 oil refineries.
EPA unveils Trump admin proposal to raise biofuels consumption
Sign up for API SmartBrief
Oil and natural gas industry news
Get the intelligence you need: news and information that is changing your industry today, hand-curated by our professional editors from thousands of sources and delivered straight to your inbox.