Thu Jan 23, 2014 03:31 PM CST

STREATOR, Ill. (DTN) -- The Environmental Protection Agency said a petition by the American Petroleum Institute to base the 2013 mandate for cellulosic biofuels under the Renewable Fuel Standard on actual production for the year satisfies the requirement for reconsidering the mandate.

"We have determined that your petition demonstrates that the statutory criteria for granting a petition reconsideration are satisfied," said EPA Administrator Gina McCarthy in a letter to the oil and gas trade association received Thursday, Jan. 23.

"Specifically, you have identified in your petition new information of central relevance that became available after the comment period closed but ...

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