9/28/2018

ELECTION/ENERGY [ALTERNATIVE]/OIL/TRUMP AS PRESIDENT: “The largest U.S. oil trade association urged President Donald Trump on Friday [9-28-18] to halt any plans to lift a ban on summer sales of higher ethanol blends of gasoline and impose tighter trading restrictions on biofuel credits, saying such a move would be unfair to consumers. The opposition by the American Petroleum Institute (API) means Trump would need to disappoint a key energy constituency in order to move forward with the plan to help Midwestern farmers by expanding sales of corn-based ethanol ahead of November’s congressional elections. Trump has repeatedly said he wants a win-win solution to the nation’s controversial biofuels policy, which has support from both the rival corn and oil industries.”

Jarrett Renshaw, “U.S. oil industry trade group urges Trump to drop E15 biofuel deal,” Reuters, September 28, 2018 9:35 am