New renewable fuel numbers cut favorable path for ethanol - Omaha World Herald
Article by Russell Hubbard - Nov. 30, 2016
The Nebraska and Iowa ethanol industries see an open field ahead, with beneficial new EPA requirements, a revival in gasoline demand from motorists and a presidential administration with favorable views of the corn-based motor fuel.
Last week, the U.S. Environmental Protection Agency set quotas on the level of renewables such as ethanol and diesel made from soybeans or recycled cooking oil that refiners must mix into the nation’s motor fuel supply. The agency settled on 19.28 billion gallons for 2017, including up to 15 billion gallons of corn-based ethanol. The quotas are higher than initial proposals released in May and also above last year’s overall requirements of 181. billion gallons of renewables from all sources.