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Stabenow blasts Administration over reported plan to aid oil refiners

The top Democrat on the Senate Ag Committee has blasted the Trump Administration over reports that it might try to use USDA funds to compensate oil refiners who are denied biofuel blending waivers.

Senator Debbie Stabenow of Michigan was reacting to media reports, which are based on anonymous sources, that the Administration is developing a plan to provide aid to oil companies that are denied small refinery exemptions for the 2019 compliance year. Stabenow says it’s “outrageous” that the Administration would even consider such a move and calls it “yet another insult” to biofuel producers.

Iowa Senator Chuck Grassley has also weighed in those reports. He says giving funds to oil companies that were meant to help farmers “would be an outrage”.  But Grassley says the law is clear and “there’s no reason to believe Secretary Perdue would ever consider such a thing”.

According to one report, the administration is considering at least 300 million dollars in cash aid to oil refiners with the money coming out of coronavirus-relief funds allotted to the USDA.

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