Corn grows all too well in the swamp
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Title : Corn grows all too well in the swamp
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You are now reading the article Corn grows all too well in the swamp With link address https://newstoday-ok.blogspot.com/2017/11/corn-grows-all-too-well-in-swamp.html
Title : Corn grows all too well in the swamp
link : Corn grows all too well in the swamp
news-today.world | Corn has taken root in the swamp that surrounds Congress. It has meant big bucks for Big Corn, but most everyone else is paying the price.
The Renewable Fuel Standard of 2005 required gasoline manufacturers to lace their products with biofuels — primarily corn-based ethanol, but also soybean-based biodiesel.
The amount they are forced to add has risen steadily, year after year. And it is scheduled to keep rising through 2022, when 36 billion gallons of renewables will be mixed into the nation’s gas supplies. After that, unelected bureaucrats at the Environmental Protection Agency get to decide.
The entire program is economically irrational. Biofuels are more expensive to make, so the program forces a pricier fuel into the economy.
More
The Renewable Fuel Standard of 2005 required gasoline manufacturers to lace their products with biofuels — primarily corn-based ethanol, but also soybean-based biodiesel.
The amount they are forced to add has risen steadily, year after year. And it is scheduled to keep rising through 2022, when 36 billion gallons of renewables will be mixed into the nation’s gas supplies. After that, unelected bureaucrats at the Environmental Protection Agency get to decide.
The entire program is economically irrational. Biofuels are more expensive to make, so the program forces a pricier fuel into the economy.
More
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You are now reading the article Corn grows all too well in the swamp With link address https://newstoday-ok.blogspot.com/2017/11/corn-grows-all-too-well-in-swamp.html