oil

Oil Refining Trade Group Asking for Help with Rising Costs

Dan Biofuels/Energy, Economy

(NAFB) — The price of renewable fuel credits in the U.S. hit new multi-year highs this week, and that has an oil refining trade group asking the White House for help in stabilizing the industry. Prices for the Renewable Identification Numbers have climbed all year as the costs of feedstocks like soybean oil continue to climb higher. Reuters says the …