The decision https://www.ca10.uscourts.gov/opinions/18/18-9533.pdf from the U.S. Court of Appeals for the 10th Circuit dated Jan. 24 came after a coalition of biofuel industry groups had challenged the 2016 exemptions for Holly Frontier’s Woods Cross and Cheyenne refineries, as well as CVR Energy’s Wynewood refinery. The biofuel industry has been incensed by a surge in biofuel waivers granted under President Donald Trump’s administration, which it says is hurting farmers by undermining demand for corn-based ethanol. Under the U.S. Renewable Fuel Standard, the nation’s oil refineries are required to blend billions of gallons of biofuels such as ethanol into the …read more
Source:: Yahoo Finance