The US Senate today rejected an amendment today, in a vote 56 to 36, to repeal the 54-cent-per-gallon tariff on imported foreign ethanol according to various media reports.
CQ reported one of the reasons why senators voted to continue the tariff on imported foreign ethanol (quoting Sen. Chuck Grassley, R-Iowa):
“We’re already dependent upon foreign oil, so we don’t want our country to get on the path of eventually becoming dependent upon foreign ethanol as well. Providing yet more duty-free treatment would be a step in the wrong direction,” Grassley said.The Senate should be commended for their majority support of the American-made fuel.
America's energy security needs a vibrant domestic alternative fuel industry. Allowing Brazilian-subsidized fuel into America to destroy the domestic industry will limit our ability to become energy independent. The tariff also helps to offset the 51 cent per gallon credit used to encourage petroleum blenders to introduce ethanol into the American fuel supply.
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