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Biden rips Trump's record on ethanol [Reuters]

Exxon Mobil Corporation (XOM) 
Last exxon mobil corporation earnings: 5/1 07:34 am Check Earnings Report
US:NYSE Investor Relations: ir.exxonmobil.com
Company Research Source: Reuters
By Stephanie Kelly 3 Min Read NEW YORK (Reuters) - U.S. Democratic presidential nominee Joe Biden late on Tuesday attacked President Donald Trump’s record on ethanol, saying his administration’s recent moves to help the industry were too little, too late and transparently political. Biden said in an exclusive statement to Reuters that the Trump administration’s announcement this week that it would reject requests from oil refiners for retroactive waivers exempting them from biofuel blending laws was not enough to outweigh several years of granting large numbers of such waivers - which biofuel producers say erode demand for their products. “Lip service 50 days before an election won’t make up for nearly four years of retroactive damage that’s decimated our trade economy and forced ethanol plants to shutter,” Biden’s statement said. A representative for Trump’s campaign did not immediately comment on Biden’s remarks. The former vice president’s criticism underscored the political signi Show less Read more
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