Ethanol

Reuters writers Stephanie Kelly and Jarrett Renshaw reported this week that, “The U.S. Environmental Protection Agency on Thursday proposed giving oil refiners more time to prove compliance with the nation’s 2020 and 2021 biofuel blending mandates.”

Reuters writers Stephanie Kelly and Jarrett Renshaw reported this week that, “A group of U.S. Democratic lawmakers called on President Joe Biden to halt a plan to slash the amount of biofuels that oil refiners must blend into their fuel, according to a letter dated Monday.”

Reuters writers Stephanie Kelly and Jarrett Renshaw reported this week that, “The administration of U.S. President Joe Biden is considering big cuts to the nation’s biofuel blending requirements, according to a document seen by Reuters, a move triggered by a broad decline in gasoline demand during the coronavirus pandemic.”

Late last week, Reuters writers Stephanie Kelly and Jarrett Renshaw reported that, “The U.S. Environmental Protection Agency is expected to recommend to the White House reducing federal biofuel blending mandates for 2021 to below 2020 levels in what would be a blow to the biofuels industry, two sources familiar with the matter said on Friday.”

Late last week, Wall Street Journal writer Timothy Puko reported that, “A federal appeals court Friday struck down a 2019 rule-change to expand summertime ethanol sales, saying the Trump administration overreached its authority when it lifted a ban on gasoline with a higher ethanol content.”

Late last week, Reuters writers Andrew Chung and Stephanie Kelly reported that, “The U.S. Supreme Court on Friday made it easier for small oil refineries to win exemptions from a federal law requiring increasing levels of ethanol and other renewable fuels to be blended into their products, a major setback for biofuel producers.”

Late last week, Reuters writers Jarrett Renshaw and Stephanie Kelly reported that, “U.S. merchant refiners have amassed up to a $1.6 billion shortfall in the credits they will need to comply with U.S. biofuel laws, according to a Reuters review of corporate disclosures, an apparent bet that the Biden administration could let them off the hook or that credit prices will fall.”

Reuters writers Jarrett Renshaw and Stephanie Kelly reported late last week that, “President Joe Biden’s administration, under pressure from labor unions and U.S. senators including from his home state of Delaware, is considering ways to provide relief to U.S. oil refiners from biofuel blending mandates, three sources familiar with the matter said.”

Bloomberg writer Jennifer A Dlouhy reported earlier this week that, “A long-running clash between gasoline and ethanol producers will be before the U.S. Supreme Court on Tuesday, in a case that could cost small oil refineries hundreds of millions of dollars.”

Reuters writer Stephanie Kelly reported this week that, “U.S. gasoline sales for 2021 have exceeded prior-year levels for the first time since last March, when officials first started to widely impose coronavirus lockdowns, according to a report on Tuesday from the Oil Price Information Service by IHS Markit.”

Reuters writer Stephanie Kelly reported on Monday that, “The U.S. Environmental Protection Agency said on Monday that it agrees with an appeals court’s decision last year that cast doubt on a program that granted oil refiners exemptions to U.S. biofuel blending laws.”

Wall Street Journal writer Timothy Puko reported this week that, “Michael Regan, President Biden’s nominee to lead the Environmental Protection Agency, drew bipartisan support at his Senate confirmation hearing Wednesday, including from North Carolina Republicans who said he has a history of working constructively with businesses.”

Bloomberg writers Kim Chipman and Jennifer A Dlouhy reported on Tuesday that, “The Trump administration granted three oil refineries exemptions from biofuel-blending requirements in a last-minute move, prompting quick rebuke from ethanol and biodiesel producers.”

Bloomberg writers Jennifer A Dlouhy and Kim Chipman reported late last week that, “The Trump administration advanced a flurry of biofuel policy proposals Friday, including plans that could help ethanol producers sell more of the corn-based fuel.”

Earlier this week, Reuters writers Stephanie Kelly and Jarrett Renshaw reported that, “The Trump administration is expected to grant waivers to some oil refiners that would exempt them from requirements to blend biofuels into their fuel mix for the 2019 compliance year, according to two sources familiar with the matter.”

Bloomberg writer Jennifer A Dlouhy reported on Friday that, “The Supreme Court will review the ability of oil refineries to win exemptions from federal biofuel-blending quotas, a blow to producers of ethanol and biodiesel that had challenged the waivers.”

On Tuesday, DTN’s Todd Neeley reported that, “A coalition of ethanol and agriculture interests asked a federal court on Monday to vacate EPA’s granting of 31 small-refinery exemptions in 2018, alleging the agency did not conduct the proper review of those requests.”

A report earlier this month from USDA’s Foreign Agricultural Service (FAS), “Corn Ethanol Production Booms in Brazil,” stated that, “Plentiful, and generally cheap, corn supplies in Brazil’s Center-West region have enticed investment in the corn ethanol sector over the last few years.”

Wall Street Journal writers Lindsay Wise and Andrew Restuccia reported on Monday that, “The Trump administration will deny oil refiners’ retroactive requests for exemptions from U.S. biofuel laws, a major boon for Iowa, the leading producer of biofuels and a crucial state that could help determine which party wins the presidency and control of the Senate.”

Reuters writers Stephanie Kelly, Jeff Mason and Jarrett Renshaw reported on Tuesday that, “U.S. President Donald Trump has instructed that dozens of oil refiner requests for retroactive waivers from U.S. biofuel laws be denied amid concerns the issue could cut into his support in the Farm Belt, three sources familiar with the decision said.”