# EPA Refinery Waivers, Tax Credit Debate Beset Biodiesel Industry

> Industrial Info reports that the EPA has granted Renewable Fuel Standard hardship waivers to several small refineries, and the National Biodiesel Board has urged the president to halt them. The biodiesel industry also faces debate over the future of its tax credit. The article notes more than $7.7 billion in active U.S. biodiesel capital projects.

- Date: 2018-05-22 · published 2018-05-22T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/64923-epa-refinery-waivers-tax-credit-debate-beset-biodiesel-industry
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Uncertainty over waivers and the tax credit could reduce biodiesel margins and blending demand for soybean oil. This is a modest bearish influence on the oil complex.

## Read by commodity

- SBO: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2019-11-13 | [US biodiesel industry dependent on tax credit, RFS to compete with fossil-based diesel - Biofuels International Magazine](https://feedsoft.ai/events/55931-us-biodiesel-industry-dependent-on-tax-credit-rfs-to-compete-with-fossil-based.md) | -0.2% | +0.6% |
| SBO | 2018-05-21 | [Waiver Wire: Why is the biofuels industry up in arms about oil refinery waivers?  : The Daily Digest](https://feedsoft.ai/events/64918-waiver-wire-why-is-the-biofuels-industry-up-in-arms-about-oil-refinery-waivers.md) | +1.2% | -4.6% |
| SBO | 2017-05-09 | [Congress urged to extend biodiesel blenders’ tax credit - Biofuels International Magazine](https://feedsoft.ai/events/70874-congress-urged-to-extend-biodiesel-blenders-tax-credit-biofuels-international.md) | +0.9% | -4.1% |
| SBO | 2024-05-13 | [Renewable diesel glut hits US refiner profits, threatens nascent industry \| Reuters](https://feedsoft.ai/events/15212-renewable-diesel-glut-hits-us-refiner-profits-threatens-nascent-industry-reuters.md) | +3.4% | +4.2% |
| SBO | 2024-11-14 | [Clean Fuels, soy growers urge Congress to extend biodiesel tax credit](https://feedsoft.ai/events/15172-clean-fuels-soy-growers-urge-congress-to-extend-biodiesel-tax-credit.md) | -3.9% | -7.1% |

## Sources

- industrialinfo.com: https://www.industrialinfo.com/news/article/epa-refinery-waivers-tax-credit-debate-beset-biodiesel-industry--263974

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