Biofuels mandate doesn’t harm refiners, says Grassley, so stop ‘misleading rhetoric’
A Philadelphia oil refinery went bankrupt due to management decisions that backfired rather than the federal biofuels mandate, which requires refiners to blend ethanol and biodiesel into the gasoline and diesel supply, says a memo written by energy policy staffers working for Iowa Sen. Chuck Grassley, a bulldog defender of corn ethanol. The bankruptcy filing has… » Read More
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