Trump's billion-dollar gambit: An ethanol deal to meet the demands of farmers and Big Oil
September 23, 2019 at 08:34 AM EDT
President Trump is planning an ethanol deal to please U.S. farmers angry that many oil refiners have been freed from obligations to use oil-based fuel. The deal, still not yet reduced to a written bill, is likely to make oil companies that have been given permission to stop blending ethanol with gasoline at some of their refineries to make up the lost production at other plants.