Sen. Pat Toomey (R-Pa.) has announced that the is working to repeal a law that drives up the cost of everything from gasoline to groceries.
“Senator Dianne Feinstein (D-Calif.) and I introduced the bipartisan Corn Ethanol Mandate Elimination Act of 2015 to abolish the corn ethanol mandate in the Renewable Fuel Standard (RFS),” he said.
“The RFS requires fuel suppliers to blend millions of gallons of biofuels – most often corn ethanol – into the nation’s gasoline supplies,” he said. “This results in higher gas prices, increased food costs, damage to car engines, and harm to the environment. This is nothing more than the government using corporate welfare to shower money on a favored industry and then send the bill to the general public. You deserve better.”
The mandate is strongly supported by Iowa farmers and presidential candidates notably avoid opposing the issue in that early primary state.
Guess we know Pat’s not running for president.
I can’t believe Feinstein’s co-sponsoring the bill. Makes me wonder what she’s up to.
Where’s Joe Sleestak stand on this question, I also wonder.
Great idea
It’s bad for engines especially marine engines
It raises the price of fuel
It raises the supply of corn products
Plus we can import it much cheaper from Brazil than it costs here in the US
Correction :the cost not supply