EPA has sent the 2014 Required Volume Obligations (RVO) rule to the Office of Management and Budget for review. This rule establishes how much ethanol and biodiesel will be required to be blended into the gasoline supply for 2014. EPA has telegraphed its intentions at least twice now with the first being the proposed 2013 RVO that indicated excess carryover Renewable Identification Numbers (RINs) would help meet the mandate for 2013, but that the situation would be different in 2014. The second time was with the final 2013 RVO that came out quite late on 6 August and stated that it would be difficult to mandate more than 13.2 billion gallons of ethanol for 2014.Of course, the issue is the expanding Renewable Fuel Standard (RFS) mandate sp...