Icahn Calls on EPA to Fix ‘Mother of All Short Squeezes’

Updated on
  • Billionaire asks agency to fix ‘rigged’ RIN market immediately
  • Majority owner of CVR Energy blames hoarders, speculators

Carl Icahn's Fight Against 'Absurd' EPA Refinery Rules

A surge in government-backed ethanol blending credits has billionaire investor Carl Icahn worried that independent refiners like CVR Energy Inc., in which he owns an 82 percent stake, will be bankrupted by the “rigged” marketplace.

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