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U.S. EPA sends biofuel blending mandate rule to White House for final review

Commodities May 02, 2022 01:22PM ET
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2/2 © Reuters. FILE PHOTO: The White House is seen the morning after U.S. President Joe Biden returned from a trip to Brussels and Poland to meet with NATO leaders in Washington, U.S., March 27, 2022. REUTERS/Joshua Roberts 2/2

By Stephanie Kelly

NEW YORK (Reuters) - The U.S. Environmental Protection Agency has sent a rule on U.S. biofuel blending mandates to the White House for final review, according to a notice posted by the Office of Management and Budget.

The oil and biofuel industries, which have in the past been at odds over the requirements, have been eagerly waiting for the EPA to finalize the mandates. The EPA action comes as the United States faces high gas prices and as companies recover from the coronavirus pandemic.

The EPA, which administers the U.S. Renewable Fuel Standard (RFS), released a proposed rule in December on the blending volumes, which cover the years 2020, 2021 and 2022.

It is unclear whether the volumes sent are at the same levels as the proposal from December. The OMB received the rule on Friday, according to the notice.

In the proposed rule in December, the EPA would retroactively set total renewable fuel volumes at 17.13 billion gallons for 2020. That was down from a previously finalized rule for the year of 20.09 billion gallons, set before the onset of the pandemic.

It set volumes at 18.52 billion gallons for 2021 and 20.77 billion gallons for 2022.

Both the 2020 and 2021 figures mark a reduction from 2019, when the EPA had required refiners to blend 19.92 billion gallons of biofuels in the nation's fuel mix, but the 2022 proposal marks an increase.

Reuters reported last week that the EPA was expected to send the rule to the White House for final review.

U.S. EPA sends biofuel blending mandate rule to White House for final review
 

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Comments (4)
John Hill
John Hill May 02, 2022 4:56PM ET
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Politics verses sanity in today's government. Politics win again.
Me comment
Me comment May 02, 2022 12:13PM ET
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The consumer gets suckered once again. Biofuels may save 5 to 10 cents per gallon but biofuels get between 15 to 25 percent fewer miles per gallon. so in the end consumers end up paying more to fill up their gas tanks more often using biofuels. Also this increased use of biofuel negates the supposed environmental reduction from supposedly using the biofuel in the first place.
Alan Rice
Alan Rice May 02, 2022 12:12PM ET
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The state of the world: burning Food. lol
Chinsect Stomper
Chinsect Stomper May 02, 2022 11:55AM ET
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We use tankers that use bunker fuel to ship canola oil to tank farms that convert the canola oil into biofuel. All of this to meet some EPA requirement that the implementation of causes more environmental harm. At about 4 million gallons of biofuel per voyage, how many voyages does it take to meet EPA requirements?
 
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