The EPA’s proposed rule on year-round E15 use is presently at the Office of Management and Budget (OMB). The administration has promised to have it in place by 1 June, which is Saturday. Therefore, the market should expect the rule this week.  As WPI has previously noted, the new rule is likely to be greeted by a court challenge from the petroleum industry and retailers have been reluctant to make investments in infrastructure to store and dispense E15 given the legal and regulatory uncertainty that is limiting short term market impact of the rule. Before leaving for his state visit to Japan on 23 May, President Trump called the summer ban on E15 “ridiculous” and further stated, "We increased it to E15. That's treme...

TAGS – Biofuels, North America