U.S. Refiners Look Towards Renewable New Hopes

After seeing demand devastation in 2020 due to the pandemic’s effect through lockdowns and travel restrictions, refiners in the United States are starting this year with new talk around the growth of renewable fuels to bolster their future in this ever-changing fuel scenario. With the increasing plans for more electric vehicle use and a shift away from traditional fossil fuel production, refiners are moving quickly with discussions and plans around renewable refinery conversions and with newbuild renewable complexes.  Marathon Petroleum recently announced that after its tough year in losses during 2020, it would now reduce its capital spending outlook to $1.4 billion, down $350 million from

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