Trump administration to require oil refiners to use more biofuels

(iStock/wsfurlan)

The Trump administration plans to require oil refiners to blend additional biofuels in 2026 and 2027 to offset volumes excluded under small-refinery exemptions, aiming to preserve markets for corn- and soy-based fuels. The Environmental Protection Agency’s proposal would reallocate 100% of the exempted 2025 volumes to future blending obligations, a move welcomed by farm and biofuel groups but criticized by refiners who warn it could increase fuel costs.

The proposal remains subject to public comment through Dec. 4, highlighting the administration’s effort to balance support for farmers with concerns about refinery profitability and consumer prices. Bloomberg has the full story.