Trump is hoping to appease farmers with a major biofuels boost
The Trump administration Friday announced a sweeping package of changes to federal ethanol rules in an effort to make up with farmers furious with the president's earlier decisions to exempt dozens of oil refineries from requirements to blend biofuels into the nation's fuel supply.
The happy talk from Grassley marks a stark change in tone for the Iowa senator who has been hammering the EPA for months calling the agency a “tool for big oil” and prodding Trump to take action or risk losing the votes of beleaguered farmers. An impatient Grassley last month said the Obama administration handled the RFS better than the Trump administration, and a week later, he told reporters, “Let's either do our job or get off the pot.
“We are deeply concerned about the Administration’s decision to, once again, play politics with our fuel system by increasing an already onerous biofuel mandate,“ Mike Sommers, CEO of the American Petroleum Institute, an oil producers trade association, and Chet Thompson, CEO of the American Fuel and Petrochemical Manufacturers, a refining industry trade group, said in a joint statement.
The biofuels package marks the administration's effort to make up for lost ground. EPA’s announcement promised an “accounting” in blending mandates to make up for volume lost from refinery waivers. An EPA official later explained that EPA will require larger refiners to blend extra gallons based on a three-year rolling average of the number of exempted gallons, which for the upcoming 2020 compliance year will be more than a billion gallons.
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