Biofuels Industry Eyes Larger RFS Volumes If Tariffs Spur Lost Exports

The biofuels sector is prepared to push for renewable fuel standard (RFS) biofuel blending volumes larger than what it sought as part of an agreement with major oil sector companies that also blend biofuels, in a scenario in which other countries retaliate against U.S. tariffs with measures targeting American biofuel exports, according to an industry source. Tariffs recently introduced by President Donald Trump, or going into effect April 9, have created uncertainty in markets for U.S. biofuels and feedstocks, just...