The White House has completed its review of new biofuel blend mandates, signaling it could release the long-awaited rule important for crop demand and retail fuel prices.
The rule emerged from the White House review process on Thursday, which is the last significant step before major regulations can be released, according to a government database updated on Friday.
President Donald Trump's administration has already made clear that it expects to finalize new biofuel quotas, which were proposed at record-high levels for 2026 and 2027, sometime this month.
The final blend requirements come as Trump and Republicans in Congress see more support for biofuels as one way to help farmers hurt by trade wars and rising input costs. The new quotas also come at the same time as war in the Middle East has spiked the cost of oil products, raising interest in alternatives.
More details about the updates to the biofuel program, whether released in full Friday or not, could come at a White House event to celebrate agriculture. Trump said earlier in the week that his administration would announce on Friday "a variety of actions that we're taking to support American farmers".
Under the Renewable Fuel Standard, the Environmental Protection Agency requires oil refiners and importers to annually blend different types of biofuels or buy credits from those that do. Traders expecting high quotas have already boosted the price of program credits — and key renewable diesel inputs like soybean oil — to multiyear highs this week.
But oil refiners have lobbied the administration to shift course, warning that higher mandates would spill into retail fuel prices that are already spiking. While an earlier Trump proposal to slash program credits for imported biofuels and feedstocks is unlikely to be finalized, oil majors have bristled at a separate plan that would require them to blend more biofuels to offset recently generous program exemptions for smaller rivals.
