"Obama’s Punt on Renewable Fuel Sets Up Fights in Court, Congress"

"The Obama administration’s decision to put off issuing quotas for the use of renewable fuels this year sets up fights in Congress and the courts over a program that’s been bitterly contested for nearly a decade.

The delay, announced Friday by the U.S. Environmental Protection Agency, follows months of fighting between refiners and ethanol producers over a proposal by the agency to lower the quotas for ethanol, biodiesel and cellulosic fuels.

With the EPA nearly a year late in setting the mandates for 2014 under a Bush-era law, fuel blenders were left scratching their heads all year over how much of the additive they were supposed to be using."

Mark Drajem and Mario Parker report for Bloomberg News November 22, 2014.

Source: Bloomberg, 11/24/2014