The heads of the U.S. Environmental Protection Agency and Agriculture Department are scheduled to meet on Tuesday to winnow down proposals to lower the cost of the nation’s biofuels policy to oil refiners, according to two sources familiar with the matter. The meeting in Washington marks the latest development in the Trump administration’s efforts to find common ground between the rival oil and corn industries over the future of the Renewable Fuel Standard, a law requiring refiners to blend biofuels like ethanol into the nation’s gasoline and diesel. The program has created a vast new market for Midwest corn farmers, but refiners have complained the regulation costs them hundreds of millions of dollars a year – creating a rift between two of Trump’s key electoral constituencies. EPA chief Scott Pruitt and Agriculture Secretary Sonny Perdue will draft a list of options for President […]