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Creation of U.S. renewable fuel credits rose in July: EPA

Creation of U.S. renewable fuel credits rose in July: EPA

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U.S. generation of renewable fuel blending credits rose in July from the previous month, data from the Environmental Protection Agency (EPA) showed on Thursday. Some 1.27 billion renewable fuel (D6) blending credits were created last month, versus 1.26 billion in June. For biodiesel, 372 million credits were generated in June, versus 401 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 Cellulosic RINs 459,290 15,952,4 16,236,2 17,366,7 22,481,4 22,181,9 Biofuel (D3) 51 24 22 67 93 Volume 459,290 15,952,4 16,236,2 17,366,7 22,481,4 22,181,9 51 24 22 67 93 Biomass-Based RINs 196,480, 214,681, 282,531, 281,924, 355,652, 401,123, Diesel (D4) 987 776 318 287 726 223 Volume 125,832, 139,028, 184,091, 182,915, 231,107, 262,875, 385 864 264 376 617 064 Advanced Biofuel RINs 5,692,28 5,384,87 4,588,04 7,016,78 13,337,1 15,943,6 (D5) 1 0 9 3 19 07 Volume 4,409,69 4,236,38 3,725,00 5,209,74 12,398,9 14,965,2 5 3 1 3 41 86 Renewable Fuel RINs 1,255,34 1,155,63 1,287,74 1,181,37 1,272,14 1,258,90 (D6) 2,366 3,631 2,457 7,529 7,390 9,160 Volume 1,248,31 1,145,59 1,277,75 1,173,52 1,265,15 1,251,11 7,144 5,333 9,384 6,998 9,293 8,350 Cellulosic Diesel RINs 0 0 0 0 0 756,020 (D7) Volume 0 0 0 0 0 756,020.

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

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