NEWS
API Supports Bill
Thu Dec 12, 2013 04:24 PM CST

NEW YORK (DTN) -- The American Petroleum Institute lauded a move by two senior U.S. senators to eliminate corn-based ethanol from satisfying the renewable mandate under the Renewable Fuel Standard.

Sens. Diane Feinstein, D-Calif., and Tom Coburn, R-Okla., jointly introduced the "Corn Ethanol Mandate Elimination Act of 2013" earlier Thursday, arguing the policy promoting corn-based ethanol was misguided because it pushes food prices higher while not benefiting the environment.

The bill also cites the impending "blend-wall" as another reason for wanting the elimination of the ethanol mandate, which refers to the saturation of ethanol in the gasoline pool at a ...

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