Earlier today, the Trump administration announced its plans to implement new guidelines to increase ethanol demand, reversing a decline caused by exemptions given to oil refineries.
The "New Renewable Fuels Standard" is a response to months of complaints from Midwest farmers, the ethanol industry, and politicians that the federal government's waiving of refiners was a violation of law within itself and therefore forced some ethanol plants to close.
In a joint news release, the U.S. Department of Agriculture and the Environmental Protection Agency said they will propose and request public comment on expanding biofuel requirements beginning next year that will mandate the use of at least 15 billion net gallons of ethanol in the nation's fuel supply even after accounting for waivers for small refineries.
The amount of waivers being granted lately has been a sore spot with corn growers and ethanol producers, with the growers & producers blaming the waivers for playing a massive role in the recent ethanol plant closures across the Midwest this year.
In a joint statement, the Nebraska Corn Board and the Nebraska Corn Growers Association thanked the Trump administration for following through in their commitment.
“We’ve been waiting for a reallocation of waived gallons for a long time,” Dan Nerud, president of the Nebraska Corn Growers Association and farmer from Dorchester, said in the release. “To say we were upset with the refinery waivers is an understatement, so today’s announcement is welcome news.”
What do you think? How awesome is our President?
Let me know in the comments!
Together we can Keep America Great,
Liberty Tee Shop