"A tentative deal to revamp U.S. biofuel policy appeared to collapse Tuesday when the White House indefinitely delayed an expected announcement of the planned changes, according to three people familiar with the move.
The postponement of a directive outlining the deal may mark the end of the latest effort to overhaul the American renewable fuel mandate with an eye on lowering costs for refiners forced to blend biofuels into gasoline, said the people, who asked not to be named to discuss internal deliberations.
Despite months of negotiations, the Trump administration has struggled to find a balance on a contentious issue that divides two of the president’s key constituencies: Midwest farmers and refiners in Pennsylvania. On the campaign trail in 2016, Donald Trump promised to support ethanol, a pledge embraced by farmers who grow the corn used to produce it."
Jennifer A Dlouhy, Mario Parker, and Jennifer Jacobs report for Bloomberg June 5, 2018.
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"Trump Administration Biofuels Deal Delayed Indefinitely: Sources" (Reuters)
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