# Grassley, Senators Urge EPA to Boost Biodiesel, Support Jobs

> Senator Chuck Grassley joined a bipartisan group of senators urging EPA to raise 2020 biomass-based diesel and 2019 advanced biofuel volumes in the final RFS rule. The June proposal sets 2.43 billion gallons and 4.88 billion gallons respectively. The senators also asked EPA to account for expected small refinery exemptions.

- Date: 2018-08-23 · published 2018-08-23T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/63411-grassley-senators-urge-epa-to-boost-biodiesel-support-jobs
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Congressional pressure for higher biodiesel volumes supports soybean oil demand if EPA adopts it in the final rule. The outcome depends on how EPA treats exemptions.

## Read by commodity

- SBO: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | [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 | 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 | 2017-08-14 | [Iowa leaders ask EPA to boost RFS biodiesel volume](https://feedsoft.ai/events/69336-iowa-leaders-ask-epa-to-boost-rfs-biodiesel-volume.md) | +0.2% | +3.8% |
| 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% |

## Sources

- grassley.senate.gov: https://www.grassley.senate.gov/news/news-releases/grassley-senators-urge-epa-boost-biodiesel-support-jobs
- murray.senate.gov: https://www.murray.senate.gov/in-bipartisan-effort-senators-murray-blunt-heitkamp-grassley-urge-epa-to-boost-biodiesel-support-jobs/

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