The U.S. Environmental Protection Agency will propose setting a 19.88-billion-gallon biofuels blending mandate in 2019 under the Renewable Fuel Standard (RFS), up about 3 percent from 2018, according to two sources briefed on the matter. The proposal will include 15 billion gallons for conventional biofuels like corn-based ethanol, unchanged from this year, and 4.88 billion gallons for advanced biofuels, up from 4.29 billion from this year, the sources said, asking not to be named. The targets for biodiesel will be 2.43 billion gallons, up from 2.1 billion this year. Biodiesel compliance credits, known as D4s, rose higher in early trading on news of the increased volumes, with trades at 53 cents each, up from 47 cents a day earlier, traders said. The proposal, which could come as early as Friday, is not expected to include any proposed reallocation of biofuels volumes waived under the EPA’s […]