On May 14, the International Energy Agency released its Medium-Term Oil Market Report. In the report, the agency projected that in 2013 the U.S. will produce 937,000 barrels of biofuels every day; forecasts from this time last year had the U.S. daily capacity at 972,000 barrels. The IEA cited uncertainty stemming from Renewable Fuel Standard debates as the reason why the estimate dropped.