Behind today's White House biofuels meeting
President Trump and multiple Cabinet-level officials will meet with a group of GOP senators who say that the federal biofuels blending mandate called the Renewable Fuel Standard is harming refiners in their states. Trump's Environmental Protection Agency recently declined to soften the RFS.
- Lawmakers from Texas, Louisiana, Pennsylvania and elsewhere say a key concern is the cost of credits, called renewable identification numbers, that the petroleum industry uses to help comply with the RFS.
Why it matters: The midday meeting signals how the decade-old RFS has created fierce, politically fraught policy battles between lawmakers allied with the refining industry and a separate group carrying the mantle of midwestern farming and biofuels interests.