The escalating standoff between ethanol producers and the oil and gas industry is shaping up to be a case study in the challenges of trying to satisfy competing interests in one’s political base. And the administration’s moves during August only antagonized each side further.
President Trump’s recent decision to exempt some oil refiners from adding ethanol to their fuels spurred a backlash from corn farmers, prompting the administration to attempt to placate the loyal group of supporters.
“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. 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!” Trump tweeted on Thursday.
But as far as refineries are concerned, it’s not great for all.