Trump seen as wildcard for ethanol makers
Story Date: 11/14/2016

 

Source: FARM PROGRESS, 11/11/16


Investors are betting that U.S. President-elect Donald Trump’s surprise victory may herald changes to a contentious law that forces American refiners to use ethanol.Shares of U.S. independent refiners surged, including CVR Refining LP, owned by billionaire Carl Icahn, a critic of the biofuel mandate, which climbed the most ever.

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