President Trump didn't forget that he promised Iowa's corn growers he be there for them if they helped send him to Washington. He's told the Environmental Protection Agency to start the process of permitting the year-round sale of E15, a gasoline blend that's 15 percent ethanol.
This move is not only a massive handout to special-interest groups, but it also imposes serious costs on the average American family. All the while, it provides virtually zero environmental benefit.
This story begins with the Renewable Fuel Standard, which last decade mandated that more and more biofuels be injected into the fuel supply. The quantities were to increase over time, on the expectation that new technologies would produce an abundance of biofuel from cellulose. But such technological advances in biofuel production didn't materialize. This has meant, under the RFS, an even heavier reliance on corn ethanol. That's cost Americans dearly at the grocery, at the pump, and in everyday life, as anyone who forgets to drain the fuel out of their lawn mower has learned the hard way.