Nevermind Big Oil. Nobody benefits from government corruption like Big Ag.
“At the stroke of midnight on December 31 of this year, the 45¢ per gallon Volumetric Ethanol Excise Tax Credit (VEETC), commonly known as the blender’s credit, and the 54¢ per gallon tariff on imported ethanol, will expire.”
The price of gas would drop. And millions of Mexican peasants, for one, suffering from price hikes on their staple corn tortillas, would benefit. Unless Big Corn’s political toadies-on-the-take fight off a challenge and save their tax subsidies.
THE TEXAS SCRIBBLER 