Trump to put biofuel reform push on ice, for now: sources 4:32pm EDT [Reuters]
PBF Energy Inc. Class A (PBF)
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Source: Reuters
Trump to put biofuel reform push on ice, for now: sources | Reuters 4 Min Read NEW YORK (Reuters) - The Trump administration will delay any moves to reform the nation’s biofuel policy for about three months, according to three sources briefed on the matter - a decision one of the sources said was meant to shield farmers worried about a potential trade war with China. The decision comes after President Donald Trump failed to broker a deal between Big Oil and Big Corn during meetings over months about the future of the U.S. Renewable Fuel Standard - a law broadly supported in the U.S. heartland that requires oil refiners to add biofuels like ethanol to the nation’s gasoline. “There’s just a lot going on right now, so they decided to take a pause and revisit in three months,” one of the sources said, referring to worries in the U.S. agriculture industry that an escalating trade dispute between the United States and China could hurt U.S. commodity exports. The biofuel reforms threaten to
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- 2/15/24 - Miss
PBF
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- 3/27/24 - Form 4
- 3/27/24 - Form 4
- 3/26/24 - Form 144
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