"WASHINGTON - U.S. President Donald Trump said on Thursday his administration may allow the sale of gasoline containing 15 percent ethanol year-round, which could help farmers by firing up corn demand but faces opposition from Big Oil.
The proposal marks the latest move by the Trump administration to navigate the rival oil and corn constituencies as they clash over the nation’s biofuels policy. Oil refiners say the Renewable Fuel Standard requiring them to add biofuels into gasoline is costly and displaces petroleum, while the farm sector says the law provides critical support to growers.
The Environmental Protection Agency currently bans the higher ethanol blend, called E15, during summer because of concerns it contributes to smog on hot days - a worry biofuels advocates say is unfounded."
Jeff Mason reports for Reuters April 11, 2018.
SEE ALSO:
"Monday's RFS Meeting Ended With A 3-Month Punt" (Waste Dive)
"Trump To Put Biofuel Reform Push On Ice, For Now: Sources" (Reuters)
"Trump Ethanol Moves May Be Worse For Farmers Than Soy Tariff" (Bloomberg)
In Boost For Farmers, Trump Says He May Allow E15 Gasoline Sales All Year
Source: Reuters, 04/13/2018