New policy will be unveiled in the coming weeks
The Trump administration is said to be preparing a policy change allowing year-round sales of gasoline with more ethanol, a move that would bolster demand, reportsBloomberg.
Trump is slated to unveil the new policy in the coming weeks, possibly in Iowa, where farmers, biofuel makers and politicians have clamored for the move that’s likely to expand the market for corn-based ethanol.
The policy shift will likely come at the expense of most oil refiners who have for years battled against year-round E15 sales.
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