Exclusive-Biden considers giving refiners relief from US biofuel laws, sources say By Reuters – Investing.com

Exclusive-Biden considers giving refiners relief from US biofuel laws, sources say By Reuters – Investing.com

By Jarrett Renshaw and Stephanie Kelly

NEW YORK (Reuters) - President Joe Biden's administration, under pressure from labor unions and U.S. senators including from his home state of Delaware, is considering ways to provide relief to U.S. oil refiners from biofuel blending mandates, three sources familiar with the matter said.

The issue pits two of the administration's important political constituencies against each other: blue-collar refinery workers and farmers who depend on biofuel mandates to prop up a massive market for corn.