White House hosts oil, biofuel talks as Trump administration nears decision on refinery waivers

marketscreener
2025.11.13 21:25

The White House held meetings with oil refiners and biofuel producers to address disputes over U.S. biofuel-blending requirements and refinery waivers. The Trump administration is nearing a decision on whether larger refiners should compensate for waived gallons. The discussions also covered year-round availability of E15 gasoline and potential reforms to the small refinery waiver program. The outcome could affect fuel prices, farm incomes, and energy politics. The EPA has proposed accounting for waived obligations worth 2.18 billion RINs from 2023 to 2025.