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0 0.000768049155145913 -0.011520737327189 -0.0161290322580646 -0.0076804915514594 -0.0107526881720431 -0.0122887864823349 -0.0122887864823349
Stock impact report

Coronavirus spurs new clash between Big Oil and Big Corn over U.S. biofuels [Reuters]

PBF Energy Inc. Class A (PBF) 
Last pbf energy inc. class a earnings: 2/13 06:30 am Check Earnings Report
US:NYSE Investor Relations: investors.pbfenergy.com
Company Research Source: Reuters
Coronavirus spurs new clash between Big Oil and Big Corn over U.S. biofuels NEW YORK (Reuters) - A fuel demand meltdown caused by the coronavirus outbreak in the United States has started up a new fight between the oil and agriculture industries over the nation’s biofuel policy, this time over whether the policy should be suspended or expanded as a result of the crisis. The issue once again places Republican President Donald Trump in a tough spot between two important constituencies, both of which have been pushed to the brink of collapse by the pandemic because of flagging consumption, disrupted supply chains and reduced workforces. The oil refining industry and its backers have asked the Trump administration to help the industry weather the pandemic by suspending a regulatory requirement that they blend billions of gallons of corn-based ethanol into their gasoline each year, arguing it is a cost many facilities can not currently afford. The corn lobby, meanwhile, has been pushing fo Show less Read more
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