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Creation of U.S. renewable fuel credits fell in September -EPA

Creation of U.S. renewable fuel credits fell in September -EPA

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U.S. generation of renewable fuel blending credits fell in September from the previous month, data from the Environmental Protection Agency (EPA) showed on Thursday. Some 1.23 billion renewable fuel (D6) blending credits were created last month, compared with 1.36 billion in August.

For biodiesel, 330.9 million credits were generated in September, versus 380.5 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 Code) January February March April May June July August September Cellulosic RINs 459,290 15,952,451 16,236,224 17,366,722 22,481,467 22,243,948 20,356,010 20,114,192 21,359,570 Biofuel (D3) Volume 459,290 15,952,451 16,236,224 17,366,722 22,481,467 22,243,948 20,356,010 20,114,192 21,359,570 Biomass-Based RINs 196,480,987 214,681,776 282,531,318 281,924,294 355,652,726 401,123,223 371,697,729 380,527,327 330,898,494 Diesel (D4) Volume 125,832,385 139,028,864 184,091,264 182,915,380 231,107,617 262,875,064 242,758,590 248,495,212 215,361,389 Advanced Biofuel RINs 5,692,281 5,384,870 4,588,049 7,016,783 13,337,119 16,020,090 5,312,768 28,175,819 16,721,323 (D5) Volume 4,409,695 4,236,383 3,725,001 5,209,743 12,398,941 15,041,769 4,211,621 26,942,858 15,484,312 Renewable Fuel RINs 1,255,342,3 1,155,633,6 1,287,742,45 1,181,377,5 1,272,147,3 1,260,586,8 1,273,755,6 1,326,296,5 1,227,614,6 (D6) 66 31 7 29 93 44 89 46 21 Volume 1,248,317,1 1,145,595,3 1,277,759,38 1,173,526,9 1,265,159,2 1,252,796,0 1,265,208,9 1,314,480,2 1,219,308,2 44 33 4 98 95 34 79 28 21 Cellulosic Diesel RINs 0 0 0 0 0 756,020 0 282,632 0 (D7) Volume 0 0 0 0 0 756,020 0 282,632 0

Source: Reuters
Anand Gupta Editor - EQ Int'l Media Network

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