Jason Reed The US Environmental Protection Agency is set to deal a blow to independent oil refineries, including Valero and CVR, by rejecting a proposed overhaul of the US biofuels programme, according to Reuters. A draft proposal from EPA administrator Gina McCarthy would require that all refineries use only renewable fuels in their fuel mix within five years, Reuters reported.
The US Environmental Protection Agency is set to deal a blow to independent oil refineries, including Valero and CVR, by rejecting a proposed overhaul of the US biofuels programme, according to Reuters. A draft proposal from EPA administrator Gina McCarthy would require that all refineries use only renewable fuels in their fuel mix within five years, Reuters reported.