"The Obama administration may be about to hand the oil industry a major victory by reducing the federal requirement for blending ethanol into fuel — a decision with big implications for farm-state politics, food prices and the nation’s energy markets."
"As early as Tuesday, the Environmental Protection Agency is expected to announce how many billions of gallons of ethanol it will require refiners to blend into gasoline and diesel fuel in 2014. If it sticks with a draft version that leaked in October, the agency will lower the amount to 2012 levels.
The debate over how much ethanol should be forced into the American gasoline supply pits powerhouse special interests against each other. On the pro-ethanol side: the renewable fuels industry, corn growers and many Midwestern lawmakers. On the anti-ethanol side: the oil industry, restaurant owners, livestock and poultry producers and, increasingly, a disenchanted environmental movement that no longer believes the plant-based fuel is a greener alternative to fossil fuels. In addition, a new generation of tea party Republicans — viscerally opposed to government mandates and fuel subsidies — has joined the fight against ethanol."