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13NR39 - MRF News Release - EPA proposal would require less ethanol to be produced in 2014
FOR IMMEDIATE RELEASE
18 November 2013
EPA proposal would require less ethanol to be produced in 2014
Last Friday, November 15th, the Environmental Protection Agency (EPA) issued a proposed rule that would force the United States to produce less ethanol in 2014. This is the first time the EPA has decided that less renewable fuels should be produced the Motorcycle Riders Foundation (MRF) reports. The reaction is due to the declining markets since Congress passed the Renewable Fuels Standard (RFS) in 2007.
The move was expected as the demand for higher ethanol blends has been shrinking across the country. The proposed rule by the EPA lowers the amount of ethanol that must be blended into U.S. fuel supplies from 16.55 billion gallons in 2013 to 15.21 billion gallons in 2014, the same amount that was produced in 2012.