# Shaheen, Hassan & Bipartisan Group of Se... | U.S. Senator Jeanne Shaheen

> Senators Shaheen, Hassan, and a bipartisan group urged the Biden administration to increase proposed biomass-based diesel volumes in the 2023 and 2024 Renewable Volume Obligations. They argue a multiyear rule would give producers the certainty needed to expand. The letter says biodiesel helps moderate fuel prices.

- Date: 2022-07-26 · published 2022-07-26T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/15382-shaheen-hassan-and-bipartisan-group-of-se-u-s-senator-jeanne-shaheen
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Larger and more certain biodiesel mandates would raise demand for soybean oil feedstock, supporting its price.

## Read by commodity

- SBO: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2018-08-23 | [In Bipartisan Effort, Senators Urge EPA ... \| U.S. Senator Joni Ernst](https://feedsoft.ai/events/63412-in-bipartisan-effort-senators-urge-epa-u-s-senator-joni-ernst.md) | -0.7% | -2.2% |
| SBO | 2022-07-20 | [Grassley, Klobuchar Lead Bipartisan Group in Urging EPA to Support Advanced Biofuel Production](https://feedsoft.ai/events/15379-grassley-klobuchar-lead-bipartisan-group-in-urging-epa-to-support-advanced.md) | -3.3% | +3.0% |
| SBO | 2024-06-18 | [Ernst, Grassley Push for Increased Renew... \| U.S. Senator Joni Ernst](https://feedsoft.ai/events/15205-ernst-grassley-push-for-increased-renew-u-s-senator-joni-ernst.md) | -0.3% | +6.9% |
| SBO | 2017-04-26 | [Grassley, Cantwell Lead Group of 14 Senators to Bolster Renewable Fuels with Biodiesel Tax Credit](https://feedsoft.ai/events/71382-grassley-cantwell-lead-group-of-14-senators-to-bolster-renewable-fuels-with.md) | +2.4% | +2.4% |
| 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% |

## Sources

- shaheen.senate.gov: https://www.shaheen.senate.gov/news/press/shaheen-hassan-and-bipartisan-group-of-senators-urge-biden-administration-to-increase-biodiesel-volumes-provide-certainty-to-producers

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