So let's talk about Midwest farmers.
They're cornholed.
We've seen on these forums (and elsewhere) that Trump put himself at an interesting place: having to decide between farmers and oil. Well, he's made his decision.
By granting a large number of exceptions to the "you need ethanol in your fuel" rules, Trump has transferred about $10 billion in wealth from farmers to the oil industry.
The Republican Governor of Iowa
-- Grassley, R-Iowa
--
a random Iowa farmer
-- Trump, literally yesterday
Trump did not specify which refineries he stopped from closing, but as the articles above mention, the correct number is fifteen of them shut down because they had nothing to do.
The biofuel hit might have been survivable, except that Trump already screwed farmers with his trade war. Ethanol is a place to dump corn you can't sell or eat, and now, even if isn't a good option.
If this topic feels familiar, it should.
We've brought it up before. Trump didn't issue 85 exceptions overnight. Also,
if you remember 2016 at all, Trump went to Iowa and told them Obama and Clinton hated ethanol in fuels, but he loved it.
Another promise broken. But what else is new?