Renewable Fuel Credits Double Since Court Decision

Appeals court ruled Trump administration must reconsider waivers

我们因为美国可再生燃料价格已经翻了一番ppeals court in late January ruled the Trump administration must reconsider three waivers it previously handed out to oil refineries that exempted them from biofuel blending laws, reportsReuters.

Prices have steadily risen because the court decision raises the possibility of fewer small-refinery waivers going forward, creating higher demand for the credits, traders said.

According to the court’s decision, the EPA overstepped its authority to grant waivers in the past for HollyFrontier’s Woods Cross and Cheyenne refiners and CVR Energy’s Wynnewood refinery because the refineries had not received exemptions in the previous year.

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