Trump promises 'giant package' related to ethanol
President Donald Trump said on Thursday his administration is planning a “giant package” related to ethanol.
Clashes between farmers and the oil industry over biofuel policy have posed a challenge for Trump, who is counting on both constituencies for political support ahead of next year’s presidential election.
The oil industry struck back, saying such moves would increase costs for refiners and could reduce manufacturing jobs.
“The Farmers are going to be so happy when they see what we are doing for Ethanol, not even including the E-15, year around, which is already done,” Trump said on Twitter. “It will be a giant package, get ready! At the same time I was able to save the small refineries from certain closing. Great for all!”
29th August 2019