Trump Faces Pressure to Choose Sides in Fight Between Corn Growers and Oil Refiners - News Summed Up

Trump Faces Pressure to Choose Sides in Fight Between Corn Growers and Oil Refiners


Oil refineries want out of a costly requirement to blend ethanol into gasoline while corn growers say the requirement diversifies the country’s fuel supply. Oil refineries want out of a costly requirement to blend ethanol into gasoline while corn growers say the requirement diversifies the country’s fuel supply. Corn growers say the requirement diversifies the U.S. fuel supply, and insist Mr. Trump fulfill promises to at least hold the ethanol mandate. By the time Mr. Trump took office, though, oil and gas supplies had gone from shortage to saturation thanks to the shale-drilling boom. That leaves Mr. Trump stuck between conflicting promises to cut government regulation and to support ethanol mandates.


Source: Wall Street Journal April 25, 2018 09:31 UTC



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