President Donald Trump has abandoned an overhaul of biofuels policy aimed at reducing costs for the oil industry. June 6 (Reuters) – U.S. President Donald Trump, in yielding to pressure from farming states and agreeing to suspend changes to U.S. biofuel policy is now being criticized by another important constituency, the main union for oil refinery workers. The United Steelworkers, the largest industrial union in North America representing refinery workers, said the decision leaves in place a costly regulation that puts at risk thousands of blue collar jobs of the type Trump has promised to preserve. “Inaction by the Trump administration now threatens the livelihood of thousands of East Coast refinery workers and tens of thousands of related jobs throughout the Northeast,” the union said in a statement on Wednesday. Trump on Tuesday had told Midwestern lawmakers he would drop a proposed deal to tweak the U.S. Renewable Fuel […]