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Wednesday, June 19, 2019

Trump Wants More Ethanol Actions

President Donald Trump directed EPA Administrator Andrew Wheeler and USDA Secretary Sonny Perdue to come up with a new plan relative to ethanol as they returned with Trump on Air Force One from a visit to Iowa last week, according to the Wall Street Journal (WSJ).
The report said Trump was “surprised the expansion of ethanol sales year-round had not satisfied farmers.”
The steps under consideration, according to the report, are not necessarily new – a limit on the use of small refiner exemptions (SREs) from Renewable Fuel Standard (RFS) obligations. Farmers told Trump at the Iowa stop that the year-round sales of E15 were not a big boost since the SREs continue to be granted.
Reports this week indicated a plant to temper the SREs was presented to the White House in 2018 but was not pursued.