Trump pressured refineries to increase production, and biofuel blending requirements have become an obstacle
2026-09-02 07:17:56
According to CoinMeta, Trump urged American refiners to increase domestic production of gasoline and diesel at a closed-door meeting on Tuesday. He explicitly expressed his desire to lower gasoline prices for Americans and asked corporate executives how to boost refining capacity, with discussions covering regulatory reforms and additional investments. Refinery executives believe that federal requirements for biofuel blending, including quotas for alternative fuels, are driving up retail gasoline prices, and they questioned the government's setting of record-breaking biofuel blending targets.
Source:Jin10 Data
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