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Biden administration likely to raise ethanol blending volumes for 2021 -sources -Breaking

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© Reuters. FILE PHOTO: An indication promoting E15, a gasoline with 15 % of ethanol, is seen at a gasoline station in Clive, Iowa, United States, Could 17, 2015. REUTERS/Jim Younger

NEW YORK (Reuters) – The Biden administration is prone to increase ethanol mixing mandates for 2021 above its proposed determine in December to align with U.S. consumption, in accordance with two sources briefed on the choice.

In December, the U.S. Environmental Safety Company proposed refiners mix 13.32 billion gallons of ethanol into the gas pool, a transfer that angered farm-belt lawmakers and the trade who stated it was too low. Current federal figures present U.S. consumption of ethanol at about 13.94 billion gallons.

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