Tag: Renewable Fuel Standards

Valero says record biofuels compliance costs to continue in 2017

Valero spent $749 million on RFS compliance in 2016 By Chris Prentice NEW YORK, Jan 31 (Reuters) – Valero Energy Corp on Tuesday signalled that record high costs to comply with the U.S. renewable fuels program will continue this year, after the oil refiner was hit with a ballooning tab for the program in 2016. […]