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Trump to mull U.S. biofuels policy options in cabinet meeting Monday [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
Trump to mull U.S. biofuels policy options in cabinet meeting Monday | Reuters 3 Min Read NEW YORK (Reuters) - U.S. President Donald Trump will review a list of potential changes to the nation’s renewable fuel laws at a meeting with members of his cabinet on Monday, two sources said, as biofuels groups warned against any action that would weaken ethanol demand. Trump in recent months has waded deep into the controversial issue of reforming the U.S. Renewable Fuel Standard, a 2005 law requiring refiners to blend increasing amounts of biofuels into their fuel pool each year, or buy credits from those who do. Merchant refiners like Valero and PBF Energy pulled Trump into the debate, arguing that complying with the regulation has grown too costly and will kill off the types of blue-collar jobs Trump had promised to defend. But Trump’s efforts to reform the law have been met by fierce opposition from corn farmers and ethanol producers who are quick to remind the president that he also vowe Show less Read more
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