By Tyne Morgan
Ag Web
The wait may soon be over for the future of the Renewable Fuels Standard (RFS). After a long-awaited decision from the Biden Administration, Pro Farmer's Jim Wiesemeyer reports EPA Administrator Michael Regan says the blending requirements won't favor oil or agriculture. These comments led to more chatter a RFS announcement may finally be coming.
It's been rumored and reported since summer, and then again in September, that the Biden Administration was planning to cut biofuel blending obligations within the RFS. But since the reports, no announcement has been made.
However, Wiesemeyer says the comments by Regan this week have fueled chatter an EPA RFS announcement could come Friday. But one industry analyst said that announcement has been anticipated every Friday since July.