Ethanol tariff not going anywhere anytime soon
New Hampshire Republican Senator Judd Gregg was one who spoke in favor of repealing the tariff, but it's not like the increased cost is stalling imports. Last year, America sucked in 729 million gallons from outside sources. A likely addition to the energy bill would keep the tariff through 2010 and reduce the tax credit to 46 cents a gallon and shift the nickels over to other biofuels.
[Source: Des Moines Register]
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