US generated fewer renewable blending credits in November, EPA says
Dec 18 (Reuters) - The U.S. generated fewer renewable blending credits in November than in October, data from the Environmental Protection Agency showed on Thursday.
About 1.14 billion ethanol (D6) blending credits were generated in November, compared with about 1.28 billion in October, the data showed.
Credits generated from biodiesel (D4) blending fell to 603 million in November from 667 million in the prior month.
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 October by credit type.
Fuel (D) code | RINs | Volume (Gal.) |
D3 | 8,824,324 | 8,824,324 |
D4 | 602,790,511 | 367,486,700 |
D5 | 27,207,825 | 19,223,471 |
D6 | 1,139,549,857 | 1,139,549,857 |
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