Category Archives: NAA News

Oil Refiners’ Hope of Trump-Promised Deregulation Crushed by EPA

Prices for biofuel blending credits that drive oil refinery owners like Carl Icahn nuts plunged shortly after President Donald Trump’s inauguration. That’s because supporters expected the new president would reduce blending mandates enforced by the Environmental Protection Agency. But that relief didn’t last long for the refiners obligated to buy the credits like Icahn’s CVR Energy Inc. Prices rallied this week as Trump personally directed EPA to back off plans to lower...
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Harvey’s Made the World’s Most Important Chemical a Rare Commodity

Few Americans care about ethylene. Many have probably never heard of it.

As it turns out, this colorless, flammable gas is arguably the most important petrochemical on the planet -- and much of it comes from the hurricane-stricken Gulf Coast. Ethylene is one of the big reasons the damage wrought by Hurricane Harvey in the chemical communities along the Gulf is likely to ripple through U.S. manufacturing of essential...

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