Report: Valero Leading Secret Campaign To Block Biofuel Blends

By Jon LeSage The nation’s largest oil refiner has taken on a behind-the-scenes lobbying campaign to rid refiners of costly federal biofuel blend rules, according to a Reuters investigative piece published today.
Valero Energy Corp. is making the case for transferring the “point of obligation” responsibility for biofuels blending that puts about 10 percent ethanol into gasoline sold in U.S. gas stations. The obligation should be moved over from oil refiners to gasoline retailers and shippers such as FedEx, according to two former Valero executives who spoke to Reuters.
Valero and other oil refiners have taken a costly hit in recent years as the U.S.

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