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"U.S. EPA Biofuels Plan Disappoints Refiners, Farmers Alike"

"U.S. regulators on Wednesday proposed a modest increase in the amount of corn-based ethanol and biofuels that fuel producers must mix into diesel and gasoline in 2017, disappointing two major industries: Big Corn and Big Oil.

Unveiling the latest stage in its controversial biofuels program, the Environmental Protection Agency called for 18.8 billion gallons to be blended into the nation's fuel supply in 2017, up 4 percent from the 18.11 billion gallons set for this year.

That includes 14.8 billion for conventional biofuels, mainly ethanol, up from 14.5 billion for this year, the EPA said."

David Shepardson and Chris Prentice report for Reuters May 18, 2016.

SEE ALSO:

"EPA Seeks To Boost Ethanol In Fuel Supply" (The Hill)

Source: Reuters, 05/19/2016