Oil industry urges Trump administration to dismiss biofuel industry wish list

September 3, 2019

By Stephanie Kelly


NEW YORK (Reuters) – The American Petroleum Institute on Tuesday urged the Trump administration to reject proposals floated by U.S. farmers and ethanol producers to boost ethanol demand, the latest development in the clash over biofuel policy.

President Donald Trump last week said his administration was planning a “giant package” related to ethanol that would please U.S. farmers angry that many more oil refiners have been freed from obligations to use the corn-based fuel.

Trump is counting on support from both farmers and the oil industry in next year’s presidential election.