Trump Administration Lifts Ethanol-Fuel Ban That Was Meant to Cut Smog

https://www.nytimes.com/2019/05/31/climate/trump-ethanol-fuel-ban.html

Extraordinarily major blunder by Trump!

This years crop will fall far short of demand and the severe shortage of corn will require  much higher prices TO RATION DEMAND. The last thing that you do in a market like that is intentionally increase demand to cause prices to spike even higher..............which in the long run............kills your reliable demand base sources.

"Oil refiners are required to blend some ethanol into gasoline under a pair of laws, passed in 2005 and 2007, intended to lower the use of oil and greenhouse gas pollution by mandating increased levels of ethanol in the nation’s fuel mix every year. However, since passage of the 2007 law, the mandate has been met with criticism that it has contributed to increased fuel prices and has done little to lower greenhouse gas pollution."

“Extending this waiver is an anti-consumer policy that risks causing costly engine and fuel-system damage to nearly three out of four vehicles on the road today,” said Frank Macchiarola, a vice president of the American Petroleum Institute, which lobbies for oil companies. “This premature policy attempts to push E15 into the market before it is ready.”