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Creation of U.S. renewable fuel credits fell in June: EPA

Creation of U.S. renewable fuel credits fell in June: EPA

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U.S. generation of renewable fuel blending credits fell in June from the previous month, data from the Environmental Protection Agency (EPA) showed on Thursday. Some 1.26 billion renewable fuel (D6) blending credits were created last month, versus 1.27 billion in May. For biodiesel, 401 million credits were generated in June, versus 356 million the previous month, the data showed. The credits are used by oil refiners and importers to show compliance with EPA-mandated ethanol blending quotas for petroleum-based fuels. They are created with every gallon of biofuel produced. The following table shows year-to-date generation of RINs: Fuel (D January February March April May June Code) Cellulos RINs 459,290 15,952,451 16,236,224 17,366,722 22,481,467 22,181,993 ic Biofuel (D3) Volume 459,290 15,952,451 16,236,224 17,366,722 22,481,467 22,181,993 Biomass- RINs 196,480,987 214,681,776 282,531,318 281,924,287 355,652,726 401,123,22 Based 3 Diesel (D4) Volume 125,832,385 139,028,864 184,091,264 182,915,376 231,107,617 262,875,06 4 Advanced RINs 5,692,281 5,384,870 4,588,049 7,016,783 13,337,119 15,943,607 Biofuel (D5) Volume 4,409,695 4,236,383 3,725,001 5,209,743 12,398,941 14,965,286 Renewabl RINs 1,255,342,3 1,155,633,6 1,287,742,4 1,181,377,5 1,272,147,3 1,258,909, e Fuel 66 31 57 29 90 160 (D6) Volume 1,248,317,1 1,145,595,3 1,277,759,3 1,173,526,9 1,265,159,2 1,251,118, 44 33 84 98 93 350 Cellulos RINs 0 0 0 0 0 756,020 ic Diesel (D7) Volume 0 0 0 0 0 756,020.

Source: reuters

Anand Gupta Editor - EQ Int'l Media Network

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