Senate Faces Hurdles for Nationwide E15 Gasoline Sales
Biofuel supporters are attempting to attach a measure expanding E15 gasoline sales to larger legislation to overcome a divided Senate. The proposal faces a 60-vote threshold and ongoing negotiations regarding small refinery exemptions and potential concessions to the energy industry.
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Biofuel advocates in the United States are seeking to attach a nationwide E15 gasoline expansion to must-pass legislation to overcome a divided Senate. The strategy follows a narrow House approval in May and targets a signature from President Donald Trump to finalize the policy. For investors, the outcome will dictate long-term demand for corn and the compliance costs facing the domestic refining industry.
