Reuters

AI-assisted summary

The EPA has proposed reallocating waived biofuel blending requirements to large refineries.

The proposal includes several options, ranging from reallocating none to 100% of the waived obligations.

Biofuel groups support full reallocation to maintain demand, while the oil industry opposes it due to costs.

The U.S. Environmental Protection Agency has issued a proposal for reallocating to large refineries the biofuel blending obligations waived under the Small Refinery Exemption program, offering two primary options of 50% and 100%.

Additionally, the agency said on Tuesday, Sept. 16, it will ask for comment on other potential volumes, such as 25%, 75% or none at all.

The proposal's failure to narrow down potential options is destined to extend the late

See Full Page