U.S. refiners amass over $1 bln biofuel liability as Biden admin mulls relief - Reuters

12:49pm PDT - June 17th, 2021    joe kelly - Reuters

U.S. merchant refiners have amassed up to a $1.6 billion shortfall in the credits they will need to comply with U.S. biofuel laws, according to a Reuters review of corporate disclosures, an apparent bet that the Biden administration could let them off the hoo…