In Washington, House Majority Leader Eric Cantor has confirmed that he would look to add reform of the Renewable Fuel Standard onto a debt ceiling package if the House Energy and Commerce Committee comes to an agreement. OPIS confirmed the plan was announced to an oil industry fly-in held in late July with representatives from Valero, Marathon Petroleum, Tesoro, Phillips 66, Chevron, ExxonMobil and PBF Energy as well as American Petroleum Institute President Jack Gerard and American Fuel & Petrochemical Manufacturers President Charles Drevna.
Category: Policy