Monday, October 8, 2012

"Standoff at Pump Over New Fuel: Ethanol Lobby vs. Station Owners" Wall Street Journal

"The U.S. ethanol industry's latest push to expand is off to a slow start, with many gas-station owners wary about a new gasoline blend containing 15% ethanol."

"The push-and-pull over E15 is part of a wider debate over using corn-based ethanol as motor fuel, a discussion that attracted renewed focus this summer when a drought drove up corn prices to record levels, pinching livestock producers that use corn in feed. Several states in August asked the EPA to waive the federal mandate that calls for using increasing amounts of ethanol in gasoline."

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