Small Refineries Pay More for US Biofuel Rules, Report Says (1)

Small oil refineries pay more than larger competitors to fulfill US mandates to blend biofuels into gasoline and diesel, congressional investigators have found, a conclusion that could intensify calls to ease the requirements in the name of lowering fuel prices.

The findings are contained in a draft of a report from the Government Accountability Office that was seen by Bloomberg and which is due to be published on Thursday. The report was requested by a slew of lawmakers from corn-rich states.

The cost to comply with US mandates for mixing biofuels such as corn-based ethanol into the nation’s fuel supply ...