HF Sinclair sues EPA for delays on biofuel exemption decision, Bloomberg News reports

July 25 (Reuters) – HF Sinclair (DINO.N), is suing the U.S. Environmental Protection Agency for continuing to delay a ​decision on exemptions from biofuel blending ‌mandates, Bloomberg News reported on Friday, citing a lawsuit filed by the refiner.
This follows a similar action by ​the American Fuel and Petrochemical Manufacturers, which ​represents U.S. refiners and argued that the ⁠mandates would sharply increase compliance costs and ​fuel price.
The mandates, finalized in late March, require ​oil refiners to blend billions of gallons of ethanol and other biofuels into the nation’s fuel supply or ​buy credits known as renewable identification numbers (RINs).
The ​dispute comes amid a congressional fight to pass year-round sales ‌of ⁠higher-ethanol E15 gasoline.
Earlier this month, the EPA said 42 small refinery exemption petitions remained pending.
The agency did not approve or deny any petitions ​over the ​previous month ⁠and faces a September 1 deadline to provide decisions.
HF Sinclair is ​one of many companies waiting on decisions ​on ⁠who will receive breaks from biofuel blending quotas, the Bloomberg report said.

Reporting by Varun Sahay in Bengaluru and Siddharth ​Cavale in New York; Editing by Shilpi Majumdar.

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