The Obama administration's latest plan on ethanol, the corn-based renewable
fuel, probably will not have a major effect on pump prices, but could have
political reverberations in Iowa and other farm states in the 2016 presidential
campaign.
Under the proposed rule announced Friday, the amount of ethanol in the
gasoline supply would increase in coming years, just not as much as set out
under federal law. That approach drew criticism from ethanol and farm groups
that have pushed to keep high volumes of ethanol in gasoline.
Democratic presidential candidate Hillary Rodham Clinton has called for a
robust renewable fuels standard while campaigning in Iowa, host of the leadoff
presidential caucuses next year.
Iowa produces more ethanol than any other state, and the renewable fuel has
long been a powerful economic and political issue.
The 2007 renewable fuels law tried to address global warming, reduce
dependence on foreign oil and bolster the rural economy by requiring a steady
increase in the overall amount of renewable fuels such as ethanol-blended into
gasoline over time.
The new proposal would reduce the amount required in the law by more than 4
billion gallons in 2015 and by more than 3 billion gallons next year.
http://www.twincities.com/ap%20content/ci_28212913/latest-us-proposal-for-ethanol-could-have-political-fallout
"... It is only in this way that we can hope to arrive at truth, and fulfill the great responsibility which we hold to God and our country. Should I keep back my opinions at such a time, through fear of giving offense, I should consider myself as guilty of treason towards my country, and of an act of disloyalty toward the Majesty of Heaven, which I revere above all earthly kings."....I know not what course others may take; but as for me, give me liberty or give me death!"
Sunday, May 31, 2015
THE ETHANOL ADD ON TO THE NATURAL EARTH MADE GASOLINE TO FUEL YOUR CARS GETS ANOTHER FARMING WELFARE PUSH AS CORN BASE ETHANOL THE STAPLE FOR FARMERS HAVE BEEN WEAKENED WITH THE NEW FOUND RESOURCE AND THE ALTERNATIVE FUEL THAT WOULD HAVE LOWERED FOREIGN IMPORTS HAS COLLAPSED AND HAS BECOME ANOTHER WELFARE PROGRAM THAT ONLY RAISES FOOD PRICES, TAXES, AND DEPENDENCY
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