Calls To Scrap Ethanol Mandate Intensify With Drought
From CNN
The drought that’s killing crops across the Midwest and sending corn prices to record highs has revived calls to end or ease the government’s requirement that corn-based ethanol be blended with gasoline.
Current rules stipulate that nearly 10% of the nation”s gasoline supply come from corn-based ethanol. To make that ethanol, up to 40% of the country”s annual corn production can be required.