10/8/2018

AGRICULTURE/ELECTION/ENERGY [ALTERNATIVE]/EPA/TRUMP AS PRESIDENT: “U.S. President Donald Trump will seek to lift a federal ban on summer sales of higher-ethanol blends of gasoline on Tuesday [10-9-18], a senior White House official said, delivering on a move long-sought by anxious Midwest farmers ahead of November’s elections. The move will be coupled with restrictions on biofuel credit trading sought by merchant refiners like Valero Energy Corp and PBF Energy Inc. Those rules would be aimed at retailers and oil majors accused by merchant refiners of driving up cost of complying with biofuels blending laws. The U.S. Environmental Protection Agency currently prohibits summer sales of gasoline blended with 15 percent ethanol, or E15, due to smog concerns.”

Jarrett Renshaw, Humeyra Pamuk, “Trump to lift ban on higher-ethanol gasoline ahead of Nov. elections,” Reuters, October 8, 2018 5:32 pm