Tag "3"

Tesoro slams EPA biofuel plan as 'giant step' toward litigation

U.S. oil refiner Tesoro Corp has slammed the U.S. government’s proposal for renewable fuel use, signaling a lengthy legal fight may be in the cards ahead of the new quotas being finalized later this year. “If the goal of the Administration was to set the stage for protracted and complex litigation over the rule when finalized later this year, today’s proposal is a giant step toward that objective,” said Stephen

EPA sets 2016 target for renewable fuels use at 17.4 billion gallons

U.S. regulators on Friday unveiled much-anticipated targets for the blending of renewable fuels into motor fuel for the three years to 2016, proposing some 17.4 billion gallons of renewable fuels must be used in gasoline or diesel next year. Ending years-long uncertainty about the U.S. renewable fuels policy, the Environmental Protection Agency (EPA) on Friday announced a proposed target that 16.3 billion gallons of renewable fuels should be mixed into