E248: Biofuel Updates Power Market Moves

For anyone who’s been hoping for a surprise to boost markets recently, good news came from an unexpected place earlier this month. After months and months of delay, and multiple anonymous sources suggesting that biofuel levels were set to disappoint the industry, the actual numbers announced by EPA stunned watchers with a proposed 2 billion gallon jump up in the biomass based diesel requirements. And that was just the start of the upside news on renewable fuels.To help us follow the twists and turns of the latest updates, DTN Staff reporter Todd Neeley joins us today with analysis on the EPA’s proposal, as well as news from the courts, state policy, and beyond. We’ll dig into the RFS ethanol levels as set in the proposal, as well as what still might be ahead this summer for E15, especially with recent positive changes coming out of California. We’ll also get an update on the state of the RINs market and a legal step forward for small refinery waivers. We’ll also venture beyond the fuels space to hear news about the Make America Healthy Again, or MAHA, report, and get a breakdown on how ag has and hasn’t been included, and what the next steps may be. Finally, we’ll hear more on some emerging lawsuits around discrimination, glyphosate liability.