Oil, Biofuel Groups Urge Renewable Fuels Boost
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biofuels industriesReuters
•Business
Business & Economics
US oil, biofuel groups unite to urge new Trump EPA to boost biofuel mandates
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82% Informative
U.S. oil and biofuel groups banded together this week to urge the new Trump administration to increase volumes of renewable fuels that must be blended into the nation's fuel mix in 2026 and beyond.
The oil industry has historically seen biofuels, like corn-based ethanol, as unwanted competition to petroleum-based fuels.
Both industries' interests align in opposition to electric vehicles, which pose a threat to liquid fuel.
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