Eliminate the ethanol mandate: Pros and cons  by Chris Woodward
Source: One News Now  Senators Tom Coburn (R-Oklahoma), Dianne
Feinstein (D-California), and others are looking to eliminate
the corn ethanol mandate within the Renewable Fuel Standard
(RFS), which requires a yearly increase in the amount of
renewable fuel that must be blended into the total volume of
gasoline refined and consumed in the United States.  Senator
Coburn says "this misguided policy has cost taxpayers billions
of dollars, increased fuel prices, and made our food more
expensive." He adds that eliminating the mandate "will let
market forces, rather than political and parochial forces,
determine how to diversify fuel supplies in an ever-changing
marketplace."  Bob Dinneen of the Renewable Fuels Association
disagrees. He calls the bill the "Oil Monopoly Protection Act."
As OneNewsNow has reported, Dinneen says ethanol has helped
consumers.  "The increased ethanol production means we are
importing less petroleum, and we are displacing la