Biofuels mandate blamed for pushing refinery into bankruptcy
Story Date: 1/25/2018

 

Source: BLOOMBERG, 1/23/18


After nearly 150 years in business, the biggest U.S. oil refinery east of the Mississippi River has operated through the Great Depression, two world wars and the 1970s Saudi oil embargo. It’s faced more than one shutdown. Now, its owner says a 13-year-old government biofuels mandate brought the Philadelphia fixture to its knees.

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