{"id":1432639,"date":"2022-04-12T09:15:49","date_gmt":"2022-04-12T13:15:49","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1432639"},"modified":"2022-04-12T09:15:56","modified_gmt":"2022-04-12T13:15:56","slug":"joe-biden-moves-to-boost-ethanol-production-even-as-corn-prices-spike","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/joe-biden-moves-to-boost-ethanol-production-even-as-corn-prices-spike\/","title":{"rendered":"Joe Biden Moves to Boost Ethanol Production Even as Corn Prices Spike"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fjoe-biden-moves-to-boost-ethanol-production-even-as-corn-prices-spike%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1432639&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div><\/div>\n<p class=\"subheading\">President Joe Biden will announce his decision to lift Environmental Protection Agency regulations on E-15 ethanol on Tuesday, allowing it to be sold during the summer.<\/p>\n<p>The president is scheduled to travel to an ethanol plant in Iowa for the announcement even as corn prices have jumped in anticipation of a shortage in reaction to Russia\u2019s escalation of their war in Ukraine.<\/p>\n<figure id=\"D-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"M-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"gmxrevmore\" class=\"H\"><\/figure>\n<p>The price of corn has <a href=\"https:\/\/www.macrotrends.net\/2532\/corn-prices-historical-chart-data\">spiked<\/a> from a low of $3.08 a bushel in August 2020 to $7.69 in April 2022.<\/p>\n<p>The European Union <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-04-04\/european-farmers-turning-to-gm-feed-to-replace-corn-from-ukraine\">imports<\/a> more than half of its corn from Ukraine and is already buying more American corn.<\/p>\n<p>But Biden will <a href=\"https:\/\/www.wsj.com\/articles\/epa-will-allow-more-ethanol-in-gas-this-summer-in-bid-to-tame-prices-11649754000?mod=hp_lead_pos1\">talk<\/a> about using more American corn as fuel for vehicles could help reduce gas prices.<\/p>\n<figure id=\"M-ROS-B2\" class=\"a8d\"><\/figure>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">A majority of Americans say the skyrocketing gas prices in President Joe Biden&#8217;s America have caused financial hardship. <a href=\"https:\/\/t.co\/fElhGcVvUH\">https:\/\/t.co\/fElhGcVvUH<\/a><\/p>\n<p>\u2014 Breitbart News (@BreitbartNews) <a href=\"https:\/\/twitter.com\/BreitbartNews\/status\/1505683743062872067?ref_src=twsrc%5Etfw\">March 20, 2022<\/a><\/p>\n<\/blockquote>\n<p>Biden\u2019s announcement is a minor action to address record-high gas prices, as the administration continues to blame \u201cPutin\u2019s price hike\u201d for higher inflation.<\/p>\n<p>\u201cThe President is committed to doing everything he can to address the pain Americans are feeling at the pump as a result of Putin\u2019s Price Hike,\u201d the White House said in a release on Tuesday morning.<\/p>\n<p>Biden\u2019s announcement drew support from Iowa Republicans but environmentalists <a href=\"https:\/\/grist.org\/article\/ethanol-fuel-e15-big-oil-climate-summer-epa\/\">oppose<\/a> using E-15 ethanol because of increased smog and pollution in the summer heat.<\/p>\n<p>President Trump also lifted restrictions on E-15 in 2019, but the decision was struck down by the U.S. Court of Appeals for the District of Columbia Circuit after oil refiners filed a lawsuit.\u00a0The Supreme Court did <a href=\"https:\/\/www.reuters.com\/markets\/commodities\/us-supreme-court-leaves-place-limits-higher-ethanol-fuel-blend-2022-01-10\/\">not<\/a> take up the case.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Joe Biden will announce his decision to lift Environmental Protection Agency regulations on E-15 ethanol on Tuesday, allowing it to be sold during the summer. The president is scheduled<\/p>\n","protected":false},"author":24,"featured_media":2315279,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1432639","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1432639","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1432639"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1432639\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1432639"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1432639"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1432639"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}