The Obama administration is poised to update a controversial standard for ethanol levels in gasoline after months of sparring over the future of the fuel between pro-ethanol groups and the oil industry.
The White House has until Nov. 30 to finalize a rule that sets the amount of ethanol that oil refiners are required to blend into their fuel.
Pro-ethanol senators — Republicans and Democrats from corn-producing Midwestern states — met with President Obama’s chief of staff last month to plug the fuel and call for more reliance on it. House Democratic leaders including Reps. Nancy Pelosi (Calif.), Steny Hoyer (Md.) and Collin Peterson (Minn.), the ranking member on the Agriculture Committee, sent a letter to Obama’s top climate adviser last week asking for a stronger standard ahead of an international global warming conference in Paris.
Obama set to issue ethanol fuel mandate | TheHill
This is crony capitalism at its worst.