No. of Recommendations: 4
"Big oil" has always hated the biofuels, aka corn ethanol, mandate. They want *all* the fuel revenue going in their pocket. They don't want to share it with farmers and ethanol producers.
Ta Da! Lots of opaque terminology in these articles, but the impact is clearly stated.
EPA apparently moving to reduce the ethanol mandate.
EPA Draft Rule on Reallocation of RFS Refinery Exemptions Creates Possible Good, Bad, & Ugly Outcomes
Combined, this rule will impact over two billion gallons of renewable fuels demand
The co-proposal that would reallocate only 50% of the SREs would be bad news for farmers. Make no mistake, not reallocating any RFS exemption is a direct cut to renewable fuels demand.” -agweb.com - Epa draft rule reallocation rfs refinery exemptions creates possibleEPA Proposes Renewable Fuel Standards Supplemental Rule, Addresses Small Refinery Exemptions epa.gov - Epa proposes renewable fuel standards supplemental rule addresses small refineryAs much as the regime panders to farmers, they are more interested in the care and feeding of big oil.
Steve
