EPA Grants Exemptions to HF Sinclair and Phillips 66, Denies Chevron's Requests

HF Sinclair Corp. and Phillips 66 Co. won exemptions from biofuel blending mandates from the Trump administration, while Chevron Corp.'s requests were denied. The EPA granted full or partial exemptions to 14 out of 16 petitions for 8 refineries, citing economic hardship. Biofuel producers criticized the decision, arguing it threatens demand for renewable fuels. The EPA is still considering a decision on whether to require big refineries to blend renewable fuels to offset exemptions for smaller refiners.