# The Renewable Fuel Standard (RFS): Waiver Authority and Modification of Volumes

> A Congressional Research Service report explains the EPA's authority to waive Renewable Fuel Standard volumes, including the general, cellulosic and biomass-based diesel waivers. It also covers the statutory process for modifying annual volumes.

- Date: 2017-01-26 · published 2017-01-26T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/72875-the-renewable-fuel-standard-rfs-waiver-authority-and-modification-of-volumes
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Waiver authority gives EPA room to lower biofuel mandates, which would cut soybean oil demand from biodiesel. The report is background, so the price effect is limited unless a waiver is used.

## Read by commodity

- SBO: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2016-12-21 | [The Renewable Fuel Standard (RFS): Waiver Authority and Modification of Volumes](https://feedsoft.ai/events/73345-the-renewable-fuel-standard-rfs-waiver-authority-and-modification-of-volumes.md) | -3.3% | -2.5% |
| SBO | 2018-02-05 | [The Renewable Fuel Standard (RFS): Waiver Authority and Modification of Volumes](https://feedsoft.ai/events/66363-the-renewable-fuel-standard-rfs-waiver-authority-and-modification-of-volumes.md) | -1.7% | -1.5% |
| SBO | 2018-03-15 | [News, Notices and Announcements for the Renewable Fuel Standard \| US EPA](https://feedsoft.ai/events/65893-news-notices-and-announcements-for-the-renewable-fuel-standard-us-epa.md) | +1.9% | -0.5% |
| SBO | 2017-12-14 | [A Look at the 2018 Renewable Fuel Standards - NATSO](https://feedsoft.ai/events/67353-a-look-at-the-2018-renewable-fuel-standards-natso.md) | -0.5% | -0.5% |
| SBO | 2019-04-05 | [The Unintended Consequences of the Renewable Fuel Standard \| RealClearEnergy](https://feedsoft.ai/events/59466-the-unintended-consequences-of-the-renewable-fuel-standard-realclearenergy.md) | -0.8% | -7.3% |

## Sources

- everycrsreport.com: https://www.everycrsreport.com/files/20170126_R44045_88883de5f29428517b73c364269e7638b2a9c49c.html

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