Carl Icahn may have a point. The activist investor has spoken out against the government’s longstanding mandate forcing refiners to blend a certain amount of ethanol (or other biofuels) into their gasoline. It’s not that he is against biofuels per se but sympathizes with the many small merchant refineries that lack the capability to handle them. —Sponsored Link— URGENT BUY ALERT One tiny, $17 company is poised to pay out the biggest gains we’ve ever seen in the marijuana market. This is an URGENT situation. One that could start in as little as the next… Read More
Carl Icahn may have a point. The activist investor has spoken out against the government’s longstanding mandate forcing refiners to blend a certain amount of ethanol (or other biofuels) into their gasoline. It’s not that he is against biofuels per se but sympathizes with the many small merchant refineries that lack the capability to handle them. —Sponsored Link— URGENT BUY ALERT One tiny, $17 company is poised to pay out the biggest gains we’ve ever seen in the marijuana market. This is an URGENT situation. One that could start in as little as the next few hours. And we’re giving the name of the company away for free. So I urge you to claim our free report by clicking this link. Those without the necessary equipment must purchase what are called renewable identification numbers (or RINs) from larger rivals who possess the blending capacity. These credits can be quite costly. So, Icahn has proposed shifting the burden from refineries who make the fuel to retail gas stations who sell it. Of course, this policy may have something to do with the fact that Icahn has substantial holdings in the refinery sector. Read More