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Democratic presidential hopeful Klobuchar proposes revamping EPA ethanol rules

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WASHINGTON (Reuters) – Democratic presidential hopeful Amy Klobuchar on Saturday called for revamping the Environmental Protection Agency’s (EPA) rules governing how refineries use ethanol in gasoline products, a proposal aimed at the politically critical state of Iowa. FILE PHOTO: U.S. Senator Amy Klobuchar declares her candidacy for the 2020 Democratic presidential nomination in Minneapolis, Minnesota, Read More

U.S. House fails to pass disaster aid bill; second attempt likely next month

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WASHINGTON (Reuters) – The U.S. House of Representatives on Friday failed to pass a $19.1 billion disaster aid bill supported by President Donald Trump, but is expected to try again early next month. FILE PHOTO: Tom Geisler surveys damaged to his farm, following flooding in Winslow, outside Omaha, Nebraska, U.S., March 20, 2019. REUTERS/Humeyra Pamuk/File Read More

Rapeseed gets relief from rain but EU crop still set to shrink

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PARIS (Reuters) – Rain brought some relief to European Union rapeseed crops this month, but analysts still expect this year’s harvest to be the lowest in more than a decade after drought and insect attacks. FILE PHOTO: A farmer plows next to a rapeseed field, near the Mont Saint-Michel 11th century abbey, in Ardevon, Normandy, Read More

China denounces U.S. ‘rumors’ and ‘lies’ about Huawei ties to Beijing

2 days ago DieselGasoil Comments Off on China denounces U.S. ‘rumors’ and ‘lies’ about Huawei ties to Beijing
BEIJING (Reuters) – China on Friday denounced U.S. Secretary of State Mike Pompeo for fabricating rumors after he said the chief executive of China’s Huawei Technologies Co Ltd was lying about his company’s ties to the Beijing government. A Huawei company logo is seen at the security exhibition in Shanghai, China May 24, 2019. REUTERS/Aly Read More

Trump says ‘dangerous’ Huawei could be included in U.S.-China trade deal

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WASHINGTON/BEIJING (Reuters) – President Donald Trump said on Thursday U.S. complaints against Huawei Technologies Co Ltd might be resolved within the framework of a U.S.-China trade deal, while at the same time calling the Chinese telecommunications giant “very dangerous.” Washington last week effectively banned U.S. firms from doing business with Huawei, the world’s largest telecoms Read More

U.S. Senate passes $19.1 billion in disaster relief, no border aid

3 days ago DieselGasoil Comments Off on U.S. Senate passes $19.1 billion in disaster relief, no border aid
WASHINGTON (Reuters) – The U.S. Senate on Thursday approved $19.1 billion in aid to help Americans rebound from a string of natural disasters, but without the extra funds to address a migrant surge at the border that President Donald Trump had requested. FILE PHOTO: Roads are closed following heavy floods near Monroe, Nebraska, U.S., March Read More

Exclusive: EPA to unveil less ambitious U.S. biofuel credit reform – sources

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WASHINGTON/NEW YORK (Reuters) – The U.S. Environmental Protection Agency plans to unveil a narrowed-down version of its proposed biofuel credit market reform this month after regulators concluded many of the agency’s initial ideas required more time to study, according to four people briefed on the matter. FILE PHOTO: The U.S. Environmental Protection Agency (EPA) sign Read More

Trump administration announces $16 billion farm aid plan to offset trade war losses

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WASHINGTON (Reuters) – The Trump administration on Thursday unveiled a $16 billion farm aid package to offset losses from a 10-month trade war with China and said payment rates to farmers would be determined by where they farm rather than what crops they grow. FILE PHOTO: Justin Mensik, corn and soybean farmer, attends to his Read More

HollyFrontier halts operations at Tulsa, Oklahoma refinery as rain hits region

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(Reuters) – HollyFrontier on Thursday said it is temporarily shutting operations at its 155,300-barrel-per-day Tulsa, Oklahoma, refinery as a precaution due to high water, the latest headache due to bad weather in the region. Severe storms have brought heavy rain and rising floodwaters to Oklahoma this week, prompting the city of Tulsa to issue flood Read More

U.S. farmers to receive $14.5 billion in direct trade aid payments

3 days ago DieselGasoil Comments Off on U.S. farmers to receive $14.5 billion in direct trade aid payments
WASHINGTON (Reuters) – The U.S. Department of Agriculture said on Thursday that farmers will receive $14.5 billion in direct payments as part of a $16 billion aid package designed to offset the financial pain from trade disputes with China and other nations. Farmers will receive the first direct payment in July or August, with subsequent Read More