The EPA finalized U.S. biofuel blending requirements for 2020, 2021, and 2022, according to Bloomberg sources familiar with the plan. Laying out what is known as the Renewable Fuel Standard, or RFS, the EPA will require refiners and importers to mix in 20.63 billion gallons of renewable fuel into gasoline and diesel in 2022—15 billion gallons can be filled with ethanol, but 5.63 billion gallons of the standard must come from advanced biofuels. For 2021, the standards will match actual consumption, while the retroactive standards for 2020…
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