Here's what dRump'$ ethanol plan means for farmers, refiners and motorists

President tonald drump’s plans to allow the sale of a higher concentration of ethanol in gasoline throughout the year would appease U.S. corn farmers who have been stung by low corn prices as a result of the U.S.-China trade dispute and likely even lead to lower prices at the pump.
Some refiners and older car engines, however, may pay the price.

Trump announced a directive Tuesday that would allow the year-round sale of gasoline with up to 15% ethanol, also know as E15. That would include the use of the blend even during the summer driving season. Its use in the summer months is currently banned as it can produce more smog.

“You can approve this all day long, but Americans don’t necessarily want it,” said Patrick DeHaan, head of petroleum analysis at fuel price tracker GasBuddy.

It would help to push corn prices higher and benefit farmers, and it may even help to lower prices for gasoline, but it would hurt refiners who don’t have the ability to blend ethanol—and there are also concerns about the impact of E15 in car engines, especially those made before 2001, he said.

https://www.msn.com/en-us/money/markets/heres-what-trumps-ethanol-plan-means-for-farmers-refiners-and-motorists/ar-BBOadDK?ocid=spartanntp

“The winners are the lawyers for the moment,”