Argus Media – Retailers push back in biofuel dispute

Rising costs have increased pressure to change US biofuel mandates this year, raising the volume from refiners including Valero, PBF Energy and other acutely affected fuel businesses seeking changes to the program.

Refiners have increasingly pointed to profits enjoyed by larger retailers. The strategy shifts their complaints a little closer to a space drivers and other customers understand – the pump – and benefits from including hardships faced by much smaller businesses.

Retailers had not said much in response until a few made time for me in late August. Read More…