U.S. President Donald Trump has called a meeting to discuss possible amendments to the Renewable Fuel Standard (RFS) as the powerful oil and corn lobbies continue to clash over biofuels policies amid high political stakes in protecting jobs in both Iowa and Pennsylvania. However, a major overhaul of the current policies on blending corn-based ethanol and other biofuels into gasoline and diesel faces opposition from both lobbies—for different reasons—and is pitting lawmakers from the big oil states against those of the Midwest farm belt. The meeting that President Trump has called, scheduled for Tuesday, will reportedly include Republican Senators Ted Cruz of Texas, and Chuck Grassley and Joni Ernst of Iowa. The other participants in the meeting will be Environmental Protection Agency (EPA) Administrator Scott Pruitt, Agriculture Secretary Sonny Perdue, and possibly Energy Secretary Rick Perry, Reuters reports , citing four sources familiar with the matter. The current biofuels […]