New legislation from a bipartisan group of 15 farm-state senators to pave the way for summer sales of higher ethanol blends carries not only the endorsement of biofuel groups but also the principal organization for the oil and gas industry.
A mix of oil, biofuel and retail interests are asking Congress to advance legislation to allow year-round sales of E15, bringing a coalition together that offers new life for a long-running renewable fuels industry priority.
Two major players in the energy space are in talks with a key Capitol Hill Republican on legislation that would allow sales of higher ethanol blends to continue unimpeded by current summer fuel volatility restrictions.
As stakeholders await the finalization of biofuel blending targets for 2021 and 2022 – as well as potential retroactive cuts to the 2020 RVO that enraged the biofuels industry – attention is shifting to how the agency might handle future announcements.
Stakeholders from all sides of the Renewable Fuel Standard cautioned federal regulators Tuesday about moving forward with its proposed multi-year set of blending targets for the nation’s biofuel mandate.