NEWS
Myke Feinman Refine Fuels Reporter
Wed Nov 6, 2013 05:25 PM CST

STREATOR, Ill. (DTN) -- Reducing the renewable fuel blending mandate for 2014, as leaked in a document last month, would hurt the economy with higher gasoline prices, discourage future advanced biofuel development and help the oil industry increase profits, according to ethanol industry advocates.

Fuels America, a coalition of biofuels industry representatives, hosted a news conference Wednesday afternoon explaining how a leaked document shows the 2014 Renewable Fuel Standard Renewable Volume Obligation mandate could be reduced from 18.15 billion gallons to 15.21 billion gallons.

The final RVO for 2014 has not been officially proposed and is currently under interagency review, ...

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