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NEW YORK, Aug 18 (Reuters) – The United States generated fewer renewable fuel blending credits in July versus the month prior, data from the Environmental Protection Agency (EPA) showed on Thursday.
About 1.21 billion ethanol (D6) blending credits were generated in July, versus 1.29 billion in June, according to the data.
About 421 million biodiesel (D4) blending credits were generated in July, versus 491 million the month prior.
The credits are used by oil refiners and importers to show compliance with EPA-mandated ethanol blending quotas for petroleum-based fuels. They are generated with every gallon of biofuel produced.
The following is a table of the credit generation for the month of July by credit type.
Fuel (D Code)
RINs
Volume (Gal.)
D3
54,592,331
54,592,331
D4
421,452,990
265,328,873
D5
15,731,640
10,991,267
D6
1,209,605,390
1,207,037,348
(Reporting by Stephanie Kelly; Editing by Josie Kao)
((Stephanie.Kelly@thomsonreuters.com; 646-223-4471; Reuters Messaging: stephanie.kelly.thomsonreuters.com@reuters.net))
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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