View Single Post
Old 06-17-2011, 03:37 PM   #12 (permalink)
tjts1
Banned
 
Join Date: Feb 2008
Location: california
Posts: 1,329
Thanks: 24
Thanked 161 Times in 107 Posts
The article explains it. They're eliminating both the subsidy for US grown corn ethanol (45c/gallon) and the tarrif on imported ethanol (54c/gallon). The E10 and E15 rules are not changed. Chances are the bill will be changed before it goes into law. It will probably end up as a reduction of the tarrif/subsidy system rather than an outright elimination.
  Reply With Quote