"Senators Ask Billionaire Icahn For Refinery Waiver Details"

"Six Democratic U.S. senators have asked billionaire investor Carl Icahn and Environmental Protection Agency Administrator Scott Pruitt to explain how an Icahn-owned refinery secured a valuable EPA exemption from the nation’s biofuels law.

The request, made in letters sent late on Tuesday and reviewed by Reuters, adds pressure on the embattled EPA chief over his pro-business policies, as well as on Icahn, whose dual role last year as an investor and presidential adviser is being investigated by the Justice Department.

Reuters reported last week that EPA granted a small refinery hardship waiver from the nation’s biofuel laws to an Oklahoma refinery operated by Icahn’s CVR Energy Inc, allowing it to avoid tens of millions of dollars worth of costs related to the U.S. Renewable Fuel Standard."

Jarrett Renshaw reports for Reuters May 9, 2018.

SEE ALSO:

"Trump Says May Move To Count Ethanol Exports Toward Biofuels Quotas: Sources" (Reuters)

"U.S. Refiners Reap Big Rewards From EPA Biofuel Waivers" (Reuters)

"Trump Agrees To Ethanol Mandate Changes, Senators Say" (The Hill)

"Trump To Allow Year-Round Sales Of High-Ethanol Gas" (AP)