Ted Cruz, Other Oil-state Republicans Meet With Trump on Biofuel Mandate Concerns

WASHINGTON — A high-dollar tussle between oil states like Texas and corn states like Iowa reached the White House on Thursday, adding yet another dimension to a years-long debate over renewable fuel standards.Texas Sen. Ted Cruz, long a critic of ethanol fuel requirements, joined several other GOP lawmakers to meet with President Donald Trump to discuss the oil states' concern that existing rules are harming certain refiners and small retailers.And though the dispute centers, in part, on a nebulous credit trading market that's become a critical component of the biofuel mandate, the potential implications are far-reaching.  Continue reading...