The Trump administration will propose sweeping changes to the nation’s biofuel policy, including expanding it to exports and cutting the number of waivers for small refineries, a source briefed on the plans told Reuters. The U.S. Renewable Fuel Standard (RFS) program requires refiners to either blend biofuels like corn-based ethanol into the fuel pool or buy credits from those who do. It has become a battleground for entrenched corn and oil interests, one that President Donald Trump has waded into in recent months. The administration is in the “last stages” of formally proposing changes to the biofuels law, the source said on Friday, after the White House spent the last few months trying to broker a deal between […]