US generated fewer renewable blending credits in June, EPA says
Adds credit generation table
NEW YORK, July 18 (Reuters) -The United States generated fewer renewable fuel blending credits in June versus the month prior, data from the Environmental Protection Agency (EPA) showed on Thursday.
About 1.21 billion ethanol (D6) blending credits were generated last month, down from 1.27 billion in May, according to the data.
Biodiesel (D4) blending credits generated in June rose to 734.7 million, from 717.7 million in May, the data showed.
The credits are used by oil refiners and importers to show compliance with EPA-mandated ethanol blending quotas for petroleum-based fuels. They are generated with every gallon of biofuel produced.
The following is a table of the credit generation for the month of April by credit type.
Fuel (D) code | RINs | Volume (Gal.) |
D3 | 74,701,245 | 74,701,245 |
D4 | 734,675,874 | 455,159,513 |
D5 | 14,081,851 | 9,836,483 |
D6 | 1,211,871,445 | 1,209,571,747 |
Reporting by Shariq Khan; Editing by Sandra Maler
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