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Stock impact report

Trump wades deeper into biofuel debate with second meeting 8:31am EST [Reuters]

Valero Energy Corporation (VLO) 
Last valero energy corporation earnings: 4/29 06:30 am Check Earnings Report
US:NYSE Investor Relations: investorvalero.com
Company Research Source: Reuters
Trump wades deeper into biofuel debate with second meeting | Reuters 4 Min Read NEW YORK (Reuters) - U.S. President Donald Trump on Thursday will gather rivals from the oil and corn industries for the second time this week as the administration seeks elusive common ground on reforms to the nation’s controversial biofuels law. The meetings come amid rising concern in the White House over the current state of the U.S. Renewable Fuel Standard (RFS), a law requiring refiners to mix biofuels such as corn-based ethanol into their fuel, which has increasingly divided two of Trump’s most important constituencies. A refining company, Philadelphia Energy Solutions (PES) in the key electoral state of Pennsylvania, last month blamed the regulation for its bankruptcy. Republican Senators Chuck Grassley and Joni Ernst of corn state Iowa, along with Republican Senators Ted Cruz and Pat Toomey of refining states Texas and Pennsylvania, will be in attendance on Thursday, according to two sources famil Show less Read more
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