Ethanol's Victory Could Be Ethanol's Ruin

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Ethanol's Victory Could Be Ethanol's Ruin

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Ethanol's Victory Could Be Ethanol's Ruin

by Wochit 0:43 mins

Ethanol's Victory Could Be Ethanol's Ruin

by Wochit 0:43 mins

Investors expect the Environmental Protection Agency to back down from a proposal to reduce the amount of ethanol blended into gasoline this year, but reducing ethanol content may be the only way to save its industry, an energy economist said in Chicago last week. In November the EPA proposed scaling back the amount of corn ethanol required in gasoline this year from 14.4 to 13 billion gallons, citing decreased demand for motor fuel and a constraint on the percentage of ethanol that can be blended into gasoline without voiding vehicle warranties. Corn growers, ethanol refiners and farm-belt politicians have pressured the EPA to abandon this plan.

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