# Clean Fuels outlines biobased diesel industry’s beneficial impact on fuel prices to President Biden

> Clean Fuels Alliance America wrote to President Biden on June 22, 2022, praising recent actions to expand Renewable Fuel Standard volumes and infrastructure grants. The group said biodiesel and renewable diesel supply more than 3.2 billion gallons annually. It cited a study showing these fuels lower diesel prices by about 4%.

- Date: 2022-06-23 · published 2022-06-23T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/15390-clean-fuels-outlines-biobased-diesel-industry-s-beneficial-impact-on-fuel
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Policy support for biodiesel and renewable diesel sustains soybean oil demand and reinforces the mandate outlook. The claimed diesel price relief may increase political support for continued biofuel mandates.

## Read by commodity

- SBO: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2024-06-24 | [Clean Fuels Petitions EPA to Increase Biomass-Based Diesel Volume in RFS](https://feedsoft.ai/events/15208-clean-fuels-petitions-epa-to-increase-biomass-based-diesel-volume-in-rfs.md) | +0.4% | +7.2% |
| SBO | 2018-08-06 | [Global palm oil prices set to rise on Indonesia's biodiesel mandate](https://feedsoft.ai/events/63406-global-palm-oil-prices-set-to-rise-on-indonesia-s-biodiesel-mandate.md) | -1.3% | +0.1% |
| SBO | 2025-08-08 | [Clean Fuels Asks EPA to Sustain Robust Biomass-based Diesel Volumes in 2026-27 RFS - Clean Fuels Alliance America](https://feedsoft.ai/events/15098-clean-fuels-asks-epa-to-sustain-robust-biomass-based-diesel-volumes-in-2026-27.md) | -1.2% | -1.6% |
| SBO | 2020-08-07 | [Indonesian B40 biodiesel plan back on track as palm oil prices improve - Biofuels International Magazine](https://feedsoft.ai/events/51471-indonesian-b40-biodiesel-plan-back-on-track-as-palm-oil-prices-improve-biofuels.md) | +0.3% | +6.2% |
| SBO | 2025-06-13 | [EPA's RFS Proposal on Biodiesel Sparks Jump in Soybean Futures Prices](https://feedsoft.ai/events/24298-epa-s-rfs-proposal-on-biodiesel-sparks-jump-in-soybean-futures-prices.md) | +10.1% | +8.6% |

## Sources

- biobased-diesel.com: https://www.biobased-diesel.com/post/clean-fuels-outlines-biobased-diesel-industry-s-beneficial-impact-on-fuel-prices-to-president-biden

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