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Trump Seeks Middle Ground in Ethanol Feud Between Oil, Corn

  • EPA takes transparency step by releasing data on RFS waivers
  • Biofuel, oil advocates argue over impact of waivers on demand
Oil and Copper Are Fed's Canaries as Tightening Cycle Marches On
Photographer: Luke Sharrett/Bloomberg
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President Donald Trump’s Environmental Protection Agency is taking a step to boost transparency for the country’s ethanol mandate, a move that could draw rare mutual applause from both farmers and oil refiners.

On Thursday, the EPA unveiled a website that tracks prices for Renewable Identification Numbers, or RINs -- the credits oil refiners need to show compliance with the biofuel law. It also released data on so-called small refinery exemptions, the waivers that the EPA grants if a company shows that its obligations under the mandate threaten economic harm. Bloomberg News reported earlier that the move was in the works.