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Refiner bankruptcy amplifies fight over US biofuel mandate


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Listen: Refiner bankruptcy amplifies fight over US biofuel mandate

US oil refiners consider this year to be their best shot in a decade at reforming the Renewable Fuel Standard, and they are holding up a Philadelphia refinery as a poster child of what is wrong with the biofuel mandate.

Two sides of the RFS reform debate go head-to-head in this week's Platts Capitol Crude: Mike McAdams, president of the Advanced Biofuels Association, and Frank Macchiarola, downstream group director for the American Petroleum Institute.

They talk about Philadelphia Energy Solutions' bankruptcy, lawmakers' proposals for reforming the biofuel mandate, and what is at stake for both refiners and biofuel makers if the stalemate over RFS reform persists.

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