$PBF https://www.reuters.com/world/us/exclusive-us-epa-plans-propose-compliance-deadline-extension-biofuel-laws-2021-11-18/
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The EPA, however, has delayed decisions on 2021 blending obligations, and is expected to miss a deadline to finalize 2022 obligations by the end of the month.
The refining industry and its backers have also requested waivers on 2020 requirements based on the COVID-19 impact.
The EPA has yet to decide on those requests.
The EPA said on Thursday it would extend the 2019 compliance deadline only for refineries with a capacity of 75,000 barrels per day or less.
The agency previously extended deadlines for 2019 for small refiners, and for 2020 for all obligated parties.
After the news, RIN credit prices eased to $1.07 each, from $1.10 in the previous session, traders said.