A newly formed council of lawmakers is set to propose rules in an effort to break an impasse over the sale of higher-ethanol gasoline, according to ADM Investor Services. The congressional council’s proposal would allow year-round nationwide sales of higher-ethanol gasoline, limit exemptions for small refineries on blending mandates and prevent other companies from having to bear the cost of exemptions through reallocation, according to a draft seen by Bloomberg.Â
kAm#6AC6D6?E2E:G6D 7@C $E6A92?:6 q:46 2?5 #2?5J u66?DEC2[ w@FD6 #6AF3=:42?D H9@ 2C6 4@\492:CD @7 E96 4@F?4:=[ 5:5 ?@E :>>65:2E6=J C6DA@?5 E@ 2 C6BF6DE 7@C 4@>>6?E] %96 AC@A@D2= 4@>6D 2D E96 28C:4F=EFC6 2?5 @:= :?5FDEC:6D 92G6 4=2D965 @G6C 3:@7F6= A@=:4:6D[ H:E9 3@E9 8C@FAD 2?I:@FD=J 2H2:E:?8 E96 %CF>A 25>:?:DEC2E:@?’D 7:?2=:K2E:@? @7 3=6?5:?8 BF@E2D] %92E 92D 366? 56=2J65[ =62G:?8 F?46CE2:?EJ @G6C 9@H 4@>A2?:6D H:== 36 :>A24E65] %96 CF=6D >2J DE:== 7246 @AA@D:E:@?[ A2CE:4F=2C=J 7C@> =2C86C C67:?6C:6D H9@ H2?E 2 E:89E6C 567:?:E:@? @? H92E BF2=:7:6D 2D 2 D>2== C67:?6CJ] xE’D 2=D@ DF3;64E E@ A@DD:3=6 492?86D 367@C6 :E :D =:<6=J 25565 E@ >FDE\A2DD =68:D=2E:@? DF49 2D E96 u2C> q:==]k^Am