Agricultural Economics Department
Date of this Version
4-11-2018
Citation
Cornhusker Economics, April 11, 2018, agecon.unl.edu/cornhuskereconomics
Abstract
The petroleum industry has launched a fierce political fight against the Renewable Fuel Standard (RFS), the regulations that require renewable fuels such as ethanol to be blended into the motor fuel supply. The industry complains that meeting those requirements has become too expensive. President Trump has been presiding over frequent White House meetings to address the issue, with corn-state senators leading corn/ ethanol constituents in confrontation with Texas senators leading the petroleum refiners.
Comments
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