[The Hill] Sen. Ted Cruz (R-Texas) on Wednesday went to a massive Philadelphia oil refiner to rally its workers for changes to the federal ethanol mandate.
Philadelphia Energy Solutions, the East Coast’s largest refiner, filed for bankruptcy last month, blaming the costs of complying with the Renewable Fuel Standard.
Cruz wants to put a cap on the costs of Renewable Identification Numbers (RINs), the Environmental Protection Agency’s (EPA) tradeable credit system for complying with the mandate that refiners blend ethanol and other biofuels into the traditional fossil fuels.
"There is a win-win solution where we can fix RINs, save the jobs of the refinery workers and also allow corn farmers to sell more corn and get the government out of the way of the success of both of them," Cruz told the boisterous campaign-style rally in South Philadelphia. |