# U.S. renewable fuel credits hit multi-year high as oil group urges EPA to act

> US renewable fuel credits (RINs) hit multi-year highs as costs for feedstocks such as soybean oil rose. Traders also bet on reduced refinery exemptions from blending requirements. The American Fuel & Petrochemical Manufacturers group urged EPA to resolve uncertainty over 2021 blending obligations.

- Date: 2021-03-18 · published 2021-03-18T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/48006-u-s-renewable-fuel-credits-hit-multi-year-high-as-oil-group-urges-epa-to-act
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Higher RIN prices raise the incentive to use biofuel feedstocks, supporting soyoil demand. Changes to EPA blending rules could shift the pace of renewable diesel and biodiesel output.

## Read by commodity

- SBO: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2026-06-01 | [Renewable fuel credit prices hit records on U.S. biofuel mandates, oil market volatility](https://feedsoft.ai/events/18888-renewable-fuel-credit-prices-hit-records-on-u-s-biofuel-mandates-oil-market.md) | -2.0% | -6.1% |
| SBO | 2026-05-29 | [Renewable fuel credit prices hit records on U.S. biofuel mandates, oil market volatility \| Reuters](https://feedsoft.ai/events/19350-renewable-fuel-credit-prices-hit-records-on-u-s-biofuel-mandates-oil-market.md) | -0.2% | -3.8% |
| SBO | 2026-06-26 | [EPA Biofuel Rule Boosts Soybean Oil Demand Through Higher Renewable Fuel Blending Mandates](https://feedsoft.ai/events/15018-epa-biofuel-rule-boosts-soybean-oil-demand-through-higher-renewable-fuel.md) | -2.8% | +5.7% |
| 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 | 2025-02-20 | [US oil, biofuel groups unite to urge new Trump EPA to boost biofuel mandates \| Reuters](https://feedsoft.ai/events/15141-us-oil-biofuel-groups-unite-to-urge-new-trump-epa-to-boost-biofuel-mandates.md) | -0.2% | -5.0% |

## Sources

- hydrocarbonprocessing.com: https://www.hydrocarbonprocessing.com/news/2021/03/us-renewable-fuel-credits-hit-multi-year-high-as-oil-group-urges-epa-to-act/

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