August 31, 2017
BY The National Biodiesel Board
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Nearly 1.91 billion RINs were generated under the Renewable Fuel Standard in March, down from 1.92 billion generated during the same month of 2023, according to data released by the U.S. EPA on April 18.
The U.S. EPA on April 18 released updated small refinery exemption (SRE) data, reporting that two additional SRE petitions have been filed under the Renewable Fuel Standard in the past month. A total of 38 SRE petitions are now pending.
A joint statement issued by President Joe Biden and Japanese Prime Minster KISHIDA Fumio on April 10 outlines the intentions of the two countries to cooperate on expanding the availability SAF including SAF made from ethanol.
Now in its seventh year since the B20 requirements were enacted, the state of Minnesota is beginning its transition toward a 20-percent biodiesel blend (B20) during the summer months.
The USDA maintained its forecast for 2023-’24 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released April 11. The forecasted price for soybean oil was also unchanged.