
The Renewable Fuels Association asked EPA to reject waiver requests from the governors of Louisiana and Alabama that seek to suspend Clean Air Act blending mandates. The governors argued that 2027 Renewable Fuel Standard targets worsen fuel price volatility.
The association urged EPA to deny the requests without public comment and keep the 2027 standards in place.
If EPA keeps the 2027 renewable fuel standards, demand for ethanol and biomass-based diesel stays supported, which underpins corn-ethanol and soybean oil use. A waiver grant would weaken that demand and pressure those prices lower.
After 842 past bullish policy events, Soybean Oil moved a median +0.2% over 5 sessions (52% higher; middle half -1.6% to +2.1%), and -0.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.