RFS Announcement Coming on Friday
RFS announcements are coming before noon ET Friday. So say usually reliable contacts. And, word of some of the details could get out because some farm-state lawmakers are being briefed today. Meanwhile, USDA Sec. Tom Vilsack on Friday at around 10 a.m. ET will reportedly hold a briefing for a “major announcement.” Several contacts said Vilsack will unveil $100 million in USDA funding, perhaps via the Commodity Credit Corporation, to boost installation of tanks and pumps at gasoline station facilities for the use of ethanol blends beyond 10% up to E85. The coming USDA plan, several contacts confirmed, will include an offer for matching state grants. The flex-fuel infrastructure funding program could signal an EPA announcement regarding the RFS that will not be what the corn-based ethanol lobbyists want. Some contacts note that biodiesel producers should like the coming RFS announcements.