On March 21, 2017, the renewable fuel volume requirements for 2017, which were issued in final by EPA on December 12, 2016, were implemented. The effective date for the 2017 requirements was delayed following the Presidential directive to postpone the implementation of new regulations to allow for review by the new administration. Although EPA has yet to publish an announcement on the matter, industry stakeholders have welcomed the 2017 biofuel volumes and 2018 biomass-based diesel volumes. The volume requirements are:
| ■ | 311 million gallons of cellulosic biofuel in 2017; |
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4.28 billion gallons of advanced biofuel in 2017; |
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19.28 billion gallons of renewable fuel in 2017; and |
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2.1 billion gallons of biomass-based diesel in 2018. |