U.S. Environmental Protection Agency officials report that the agency will increase the amount of ethanol that refiners, importers and blenders must include into gasoline to meet their renewable volume obligations in 2009. The increase steps up the ethanol amount from 7.76 percent required this year to 10.21 percent in 2009.
The rules will be published in the Federal Register. EPA officials say this new rate is the result of its calculation of the blend rate required to fulfill the 2007 Energy Independence and Security Act provisions. It requires 11.1 billion gallons of renewable fuel production in 2009; in 2008, the required production level was 9 billion gallons.
The percentage was calculated by dividing the amount of renewable fuel that the Act requires by the amount of gasoline expected to be used next year. EPA officials emphasize the calculation includes an expectation that the 11.1 billion gallons of renewable fuel required will include 0.5 billion gallons of biodiesel and renewable diesel.
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Source: EPA, Meatingplace.com