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RFS Volume for Biodiesel Increased for 2013

The Environmental Protection Agency increased the biodiesel volume requirement for next year under the Renewable Fuel Standard on Friday to 1.28-billion gallons. National Biodiesel Board CEO Joe Jobe says this will allow biodiesel plants across the U.S. to invest and expand – creating thousands of jobs. Jobe says NBB applauds President Obama and EPA Administrator Lisa Jackson for supporting an all of the above energy approach. He says this decision will continue to diversify the nation’s fuel supplies so the U.S. isn’t as vulnerable to global petroleum markets and continuous price spikes. The RFS is working to do that – according to Jobe – who says the benefits of doing so are clear. More than half of all biodiesel produced in the U.S. comes from soybean oil – and American Soybean Association President Steve Wellman says U.S. soybean growers look forward to helping the biodiesel industry hit the 1.28-billion gallon mark in 2013.

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