Corn Producers Get A Boost From Trump Proposal to Increase Ethanol Production

After starting a trade war with China that hurt midwestern farmers, and giving “small” refineries a free pass on requirements to produce ethanol, the Trump Administration last Friday announced new rules to increase the mandates for ethanol in order to increase the sale of the biofuel beyond the current requirement of 15 billion gallons annually.

Why This Matters:  With so many special interests pressuring the President, it is hard to please everyone. The American Petroleum Institute (API), the lobby for the oil industry, and American Fuel & Petrochemical Manufacturers, which represents oil refineries, announced that they would challenge the policy.

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