Statewide Iowa — (RI) — A federal court decision last week may reduce the number of small refinery waivers the Environmental Protection Agency issues for blending ethanol.
The 10th circuit court of appeals found the agency over-stepped its reach in the case of three refineries. American Coalition for Ethanol C-E-O Brian Jennings calls the ruling a victory.
He says it is a small step that will help.
Iowa State University economist Dave Swenson says the ethanol industry has contributed to its own woes.
The other 90 percent, Swenson says, is over-production with not enough domestic demand to absorb the ample supply.
