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U.S. refinery workers head to Washington to urge biofuels reform [Reuters]

VALERO ENERGY (VLO)  More Company Research Source: Reuters
Last valero energy earnings: 7/26 06:37 am Check Earnings Report
US:NYSE Investor Relations: investorvalero.com
PDF U.S. refinery workers head to Washington to urge biofuels reform | Reuters 4 Min Read WASHINGTON, March 7 (Reuters) - A delegation of workers from U.S. oil refining companies that oppose the nation’s biofuels policy will converge on Washington on Wednesday to try to convince lawmakers to find a way to lessen the regulation’s costs without hurting corn farmers. The trip, organized by the United Steelworkers union, marks the latest move in a battle between Big Oil and Big Corn over the fate of the U.S. Renewable Fuel Standard - a law requiring corn-based ethanol in gasoline that the refining industry says is costing it hundreds of millions of dollars a year. More than two dozen workers from refiners Valero Energy Corp , HollyFrontier Corp, PBF Energy Inc and bankrupt Philadelphia Energy Solutions (PES) are expected to meet with lawmakers, including House Majority Leader Kevin McCarthy, a California Republican, to seek support for changes to the RFS. “We are going to try to explain how t [Read more]

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