Refiners granted highest level of biofuel waivers since 2017
The EPA gave so-called small refinery exemptions, or SREs, totaling 1.76 billion credits for the 2025 compliance year, after a week of turmoil in the industry.
The EPA gave so-called small refinery exemptions, or SREs, totaling 1.76 billion credits for the 2025 compliance year, after a week of turmoil in the industry.
BELLINGS Intelligence Score: 38
Why it matters
The EPA granting the highest level of small refinery exemptions since 2017 is notable market activity affecting biofuel credit markets and refining compliance costs, with potential implications for fuel pricing and regulatory dynamics in the energy sector.
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Refiners granted highest level of biofuel waivers since 2017
The EPA gave so-called small refinery exemptions, or SREs, totaling 1.76 billion credits for the 2025 compliance year, after a week of turmoil in the industry.