Politicians Should Revisit Renewable Fuel Standard
The House passed legislation to allow the year-round sale of E15, a move that lifts restrictions on its sale during summer months. Supporters argue that this change will strengthen the domestic industry and lower costs for consumers. However, evidence suggests that the outcome may not be as beneficial as expected.
- ▪The House passed legislation to allow year-round sale of E15.
- ▪The change lifts restrictions on E15 sales during summer months due to its higher volatility.
- ▪Supporters argue that the move will strengthen domestic industry and lower consumer costs.
Opening excerpt (first ~120 words) tap to expand
In a rare moment of bipartisan agreement, the House passed legislation this Spring to allow the year-round sale of E15. For those less familiar with ethanol policy, the change lifts longstanding restrictions (due to its higher volatility in warmer weather) that limit E15 sales during the summer months. Supporters, including corn growers and lawmakers, argue the move will strengthen domestic industry and lower costs for consumers. The evidence suggests otherwise. Read Full Article »
Excerpt limited to ~120 words for fair-use compliance. The full article is at RealClear Markets.
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