TABLE-US generated more renewable blending credits in March, EPA data shows
NEW YORK, April 17 (Reuters) - The United States generated more renewable blending credits in March versus the prior month, data from the Environmental Protection Agency showed on Thursday.
About 1.21 billion ethanol (D6) blending credits were generated in March, compared with about 1.12 billion in February, the data showed.
Credits generated from biodiesel (D4) blending rose to about 573 million in March from 450 million the month prior, the data showed.
The credits are used by oil refiners and importers to show compliance with EPA-mandated renewable 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 March by credit type.
Fuel (D) code | RINs | Volume (Gal.) |
D3 | 8,756,064 | 8,756,064 |
D4 | 573,075,653 | 351,501,865 |
D5 | 24,849,751 | 16,811,310 |
D6 | 1,214,311,837 | 1,214,311,837 |
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