Refinery Bankruptcy Leads to President Trump Meeting

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Refinery Bankruptcy Leads to President Trump Meeting

The Renewable Fuel Standard regulation requires refiners to pay for the cost of mixing biofuels and corn-based ethanol. Philadelphia Energy Solutions which filed for bankruptcy in January, blames the regulation.

As a result, President Trump has ordered a meeting to discuss biofuels policy. Expected at the meeting is Senator Ted Cruz, Chuck Grassley, Scott Pruitt- head of the EPA (Environmental Protection Agency), Sonny Perdue the Agriculture Secretary, and Energy Secretary Rick Perry.

The full article from Reuters can be found here.

Alexander Hernandez, Esq.
Twitter- @mcatty_alex


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Alexander Hernandez

Alexander Hernandez has been representing clients since 1999 in the areas of bankruptcy, family law, and personal injury. Jacksonville, Florida Office -904-602-5418 Miami, Florida Office 305-688-LAWS (5297)

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