RFS
In biofuel tussle, farm-sector fear that Trump will side with oil industry
President Trump campaigned as a champion of corn ethanol but, as a boon to the oil industry, he could put a cap on the price of credits, called RINs, that refiners must buy if they don't blend enough ethanol and biodiesel into the U.S. fuel supply. The idea, which Iowa Sen. Chuck Grassley calls "a non-starter," splits two blocs of Trump's supporters, farmers and refinery workers.
No deal on RFS revisions, Trump asks to meet industry officials
President Trump could meet with oil and ethanol industry officials as early as Thursday, as the White House tries to resolve complaints about the federal requirement to blend biofuels into gasoline and diesel fuel. There was no agreement during a head-to-head session with four Republican senators at the center of the dispute, so the White House will "continue having conversations," said press secretary Sarah Sanders.
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 been cited as a reason for changing the Renewable Fuel Standard, or biofuels mandate.
Settlement proposed in green group challenge of RFS
The EPA, to settle a lawsuit over biofuel regulation, said on Monday it would consult with federal wildlife agencies on whether the Renewable Fuel Standard adversely affects endangered species. The consultation would be performed before the EPA finalizes the RFS for 2023-23, now expected in June.