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Gold/Mining/Energy : VLO: Valero Energy Corp.
VLO 171.60+1.2%9:30 AM EST

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From: Condo10/13/2013 8:26:23 PM
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EPA May Reduce Ethanol Blending Volumes for 2014
Federal environmental regulators are expected to significantly reduce their biofuel blending mandates for next year, marking a historic retreat from an ambitious 2007 law, according to industry and trade sources.
scientificamerican.com
. . .
Refiner PBF Energy surged by 12 percent, Valero Energy rose 5 percent while corn futures in Chicago tumbled more than 1 percent on the prospect of reduced demand for corn-based ethanol. Ethanol credits known as Renewable Identification Numbers slipped to 40 cents.
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