White House weighs forcing refineries to absorb biofuel waivers, Reuters reports

The White House is reviewing an EPA proposal that would make large oil refineries absorb about half or less of the biofuel blending requirements recently waived for smaller facilities, Reuters’ Jarrett Renshaw reports. The plan would offset part of the 1.1 billion gallons of renewable fuel exempted last month. Publicly traded companies in the space include Bunge (BG), Archer Daniels (ADM), Andersons (ANDE), Green Plains (GPRE), and Darling Ingredients (DAR).