Oil & Gas Journal: Two Republican members of the US House Energy and Commerce Committee released a legislative discussion draft on Nov. 21 aimed at reforming quotas under the federal Renewable Fuel Standard by establishing a national octane specification beginning in 2023.
It also would set conventional biofuel volumes at 15 billion gal/year in 2020, 2021, and 2022, and require the US Environmental Protection Agency administrator to determine applicable volumes for 2023 through 2032 by Mar. 1 of each year.
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