New U.S. Biofuels Target Poses Risks and Rewards for Fuel Marketers, Refiners, According to OPIS (Centre Daily Times)
February 27, 2008 | Filed Under petroleum
Faced with skyrocketing crude oil and petroleum product prices, the U.S. has adopted its most aggressive plan yet for the increased use of ethanol and biodiesel. The job of implementing these new federal blending targets falls to refiners, importers, biofuels producers and fuel marketers who are now working through how they can comply with the new law and maintain a profit.
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