The Environmental Protection Agency (EPA) released its three-year proposed ethanol mandate on Friday, increasing the amount of the biofuel it wants mixed into the gasoline supply but at levels still below those set by law.
The blending targets are overdue and EPA waived the goals Congress set in 2007 for the Renewable Fuel Standard (RFS). Officials said market pressures are limiting their ability to increase the renewable fuel levels as quickly as they would like.
