Biofuel Credits Rally As The Latest Congressional Compromise Slows

Senator John Cornyn of Texas is expected this week to reveal a Congressional compromise on the U.S. biofuels mandate after lengthy discussions with stakeholders.

Media reports suggest that opposition to his proposal is strong from two sides that normally don't agree on the mandate: refiners and biofuel producers.

This article looks at the proposal's objectives and discusses what it would mean for both industries.

By Tristan R. Brown, Seeking Alpha.