By Jarrett Renshaw
Senator Cruz heads to bankrupt PA refinery for rally against biofuels policy
Philadelphia (Reuters) – Republican Senator Ted Cruz of Texas will speak at a rally against the U.S. Renewable Fuel Standard (RFS) on Wednesday hosted by bankrupt refiner Philadelphia Energy Solutions Inc – a company that blames the controversial biofuels policy for its financial demise.
The rally comes as the oil industry and the corn lobby clash over the causes of the Philadelphia-area refiner’s insolvency, which has become a touchstone in the debate over whether the RFS needs to be rewritten or replaced.
The decade-old regulation requires U.S. refiners to blend biofue…
Read the full article at: https://au.news.yahoo.com/a/39253617/senator-cruz-heads-to-bankrupt-pa-refinery-for-rally-against-biofuels-policy/
