US generated fewer renewable blending credits in August, EPA says
Adds background, table
NEW YORK, Sept 19 (Reuters) -The United States generated fewer renewable blending credits in August versus July, data from the Environmental Protection Agency (EPA) showed on Thursday.
Credits generated from ethanol blending (D6) fell to 1.32 billion in August, 9.23 million lower than the prior month, the data showed.
Biodiesel (D4) blending credits fell to 639 million, 189 million fewer than the prior month, according to the data.
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 biofuels produced.
The following is a table of the credit generation for the month of August by credit type.
Fuel (D) code | RINs | Volume (Gal.) |
D3 | 82,703,229 | 82,703,229 |
D4 | 639,011,138 | 398,173,253 |
D5 | 17,996,758 | 12,058,015 |
D6 | 1,316,999,004 | 1,316,859,198 |
Reporting by Shariq Khan in New York; Editing by Kirsten Donovan
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