# Grassley, Klobuchar Lead Bipartisan Group in Urging EPA to Support Advanced Biofuel Production

> Senators Grassley and Klobuchar led 22 colleagues in a bipartisan letter urging EPA Administrator Michael Regan to set higher biomass-based diesel and advanced biofuel volumes in the 2023 and 2024 Renewable Volume Obligations. The letter argues that biofuels support rural jobs, energy security, and lower emissions. It is a lobbying request rather than a finalized rule.

- Date: 2022-07-20 · published 2022-07-20T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/15379-grassley-klobuchar-lead-bipartisan-group-in-urging-epa-to-support-advanced
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Lawmakers pressing for higher biodiesel mandates would increase feedstock demand for soybean oil if EPA adopts them.

## Read by commodity

- SBO: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2020-05-21 | [Klobuchar, Grassley Introduce Bill to Support Biofuel Producers - News Releases - U.S. Senator Amy Klobuchar](https://feedsoft.ai/events/53000-klobuchar-grassley-introduce-bill-to-support-biofuel-producers-news-releases-u.md) | +0.1% | +2.6% |
| SBO | 2018-08-23 | [Senators ask EPA to increase RVOs for advanced biofuel, biodiesel  - Amy in the News - U.S. Senator Amy Klobuchar](https://feedsoft.ai/events/63413-senators-ask-epa-to-increase-rvos-for-advanced-biofuel-biodiesel-amy-in-the.md) | -0.7% | -2.2% |
| SBO | 2017-10-16 | [Heitkamp, Blunt, Murray, Grassley Urge EPA to Abandon Effort to Undermine Biodiesel Production](https://feedsoft.ai/events/68344-heitkamp-blunt-murray-grassley-urge-epa-to-abandon-effort-to-undermine.md) | +2.0% | +3.9% |
| SBO | 2018-08-23 | [Grassley, Senators Urge EPA to Boost Biodiesel, Support Jobs](https://feedsoft.ai/events/63411-grassley-senators-urge-epa-to-boost-biodiesel-support-jobs.md) | -0.7% | -2.2% |
| SBO | 2022-10-19 | [Grassley, Ernst Urge EPA to Set Robust RFS Blending Volumes to Reflect Biofuel Industry Growth](https://feedsoft.ai/events/15361-grassley-ernst-urge-epa-to-set-robust-rfs-blending-volumes-to-reflect-biofuel.md) | +3.8% | +7.9% |

## Sources

- grassley.senate.gov: https://www.grassley.senate.gov/news/news-releases/grassley-klobuchar-lead-bipartisan-group-in-urging-epa-to-support-advanced-biofuel-production

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.