U.S. Boosts Refiners’ 2017 Biofuel Quotas to Record Levels
- EPA mandates are above levels the agency proposed in May
- Decision deals blow to refiners struggling with program costs
A warning label is posted on an E85 Ethanol pump handle at a gas station on Aug. 7, 2012, in Johnston, Iowa.
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The Obama administration is forcing refiners to use a record amount of biofuel next year, delivering a victory to Midwest farmers at the expense of oil companies that say they are struggling with the program’s costs.
Under quotas the U.S. Environmental Protection Agency announced Wednesday, refiners must mix 19.28 billion gallons of renewable fuel into the U.S. gasoline and diesel supply next year, including up to 15 billion gallons of traditional, corn-based ethanol.