The White House Office of Management and Budget is reviewing the Renewable Fuels Standard volume requirements issued by the Environmental Protection Agency last November. DTN Reports the move is the last step in the review process, which can take up to 90 days, but typically takes about 30 days to complete. Last fall, EPA issued RFS volume requirements that set corn-based ethanol volumes below the statutory 15 billion gallons for 2017 and 2018. For years, EPA has had to re-adjust the RFS volumes for cellulosic ethanol. The original 2007 statute called for 1.75 billion gallons in 2014, three billion gallons in 2015, and 4.25 billion gallons in 2016. The final rule set the 2014 biodiesel volume at 1.63 billion gallons, the actual volume blended. That number rises to 1.73 billion for 2015, 1.9 billion gallons in 2016 and two billion gallons in 2017.
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