Biden Administration to release $70oM in trapped biofuels COVID relief, USDA pledges $100M for infrastructure

In Washinton, the Biden Administration announced $700 million in COVID relief funding for biofuels producers that had been appropriated roughly one year ago and the USDA announced they would soon be taking steps to make another $100 million available for higher-blend biofuels infrastructure.

“We do want to say a strong thank you for the COVID relief funding announced today and for the Biden EPA stepping up to begin applying the 10th Circuit Court ruling to all refinery exemption determinations,” stated Shaw. “Having said that, I’d be lying if I didn’t acknowledge the frustration I’ve heard out here of having to wait for these announcements that could have come in March just so the Biden EPA would have a spoonful of sugar to try to help the proposed RVO demand destruction go down. These disparate actions are not tied to one another and should stand on their own merits.”