BIOFUELS SCOOP: White House weighs plan to clear backlog of small refinery exemption requests that could include ruling on 2024 cases and issuing a rule to collect industry comment on how to deal with older ones, per sources. w/Stephanie Kelly

BIOFUELS SCOOP: The current thinking is that larger refineries will be asked to make up for the exempted gallons through reallocation, but the exact details are still under discussion, sources tell me and Stephanie Kelly . No final decisions have been made.

NEW: The White House has completed review of the US EPA's biofuel-blending obligation proposal and returned the rule to the US EPA for further action

We are told that the Trump administration is expected to release the biofuel quotas on Friday, per sources

The Trump administration is expected to propose lower biodiesel volumes than the 5.25 billion the industry had sought, sources tell me and Stephanie Kelly

Here is the full story referenced in Sen. Grassley's post, by me and Jarrett Renshaw reuters.com/sustainability…

Trump's EPA on Friday proposed to increase the amount of biofuels that oil refiners must blend into the nation's fuel mix over the next 2 yrs. That includes a quota of 7.12 billion biomass-based diesel RINs for 2026 (5.61 billion projected gallons) reuters.com/sustainability…

SCOOP: US refining trade group AFPM sent letter to top GOP leaders critical of the Trump administration's handling of biofuel policies, including trade policies, the first riff between the energy industry and Trump. w/Stephanie Kelly

The July 25 letter from the AFPM reflects a growing divide between U.S. oil producers and refiners over biofuels policy following an unsteady alliance over the issue in recent years reuters.com/business/energ…

Here is American Petroleum Institute letter to EPA about RFS and opposition to penalizing biofuel imports... w/Stephanie Kelly

NEWS: The EPA is expected to rule on a number of the 195 pending small refinery exemption requests that date back as far as 2016 on Friday, the sources said. The rulings will not be a sweeping win for small refiners, according to one source briefed on the decisions.

NEWS: Trump administration to rule on biofuel exemption requests, delay reallocation decision, sources say reuters.com/legal/litigati…

Shell signed a 10-year nat gas deal with Hungary's MVM CEEnergy on Tuesday, in a move designed to strengthen its presence in central & eastern Europe. MVM receives a large amount of its gas from Russia, unlike energy providers in most European countries reuters.com/business/energ…

Exclusive: How BP won its $1 billion-plus case against Venture Global reuters.com/legal/litigati…