U.S. Biofuel Imports Slump After Blending Mandate Change

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Biodiesel imports to the United States fell to their lowest in ten years over the first half of the year after the federal government axed subsidies for such imports at the start of the year. From 2025, the subsidies, at $1 per gallon of biodiesel and renewable diesel, remained in effect for domestic producers of the fuel only, Reuters recalled in a report on the news, which comes from the U.S. Energy Information Administration. Per the EIA, biodiesel imports between January and June averaged 2,000 barrels per day, compared with 35,000 barrels…