Renewable Fuel Standard Sent to OMB for Review

Dan Energy, Industry News Release

Oil palm derived biodiesel in test tubes and BIOFUEL Renewable Fuel Standard
The final 2017 Renewable Fuel Standard is now under review by the White House Office of Management and Budget. The White House review is expected to be completed within the next 90 days to set renewable volume obligations in the RFS. DTN reports the OMB received the final rule from the Environmental Protection Agency on Wednesday and that puts the EPA on track to finalize volumes by the statutory November 30th deadline. Over the last few years, EPA has struggled to meet the deadline. EPA proposed a 2017 total RFS volume of 18.8 million gallons, including 14.8 million gallons of corn-based ethanol and two billion gallons of biodiesel. DTN says the final rule could be released within the next 30 days, depending on how long the OMB analysis takes.

From the National Association of Farm Broadcasting news service.