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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk
SOXL 55.41-1.2%4:00 PM EST

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To: Winfastorlose who wrote (174489)6/6/2022 2:36:08 PM
From: #Breeze11 Recommendations  Read Replies (3) of 207795
 
Biden Administration Quietly Raised Amount of Ethanol Required in Gasoline from Ten Percent to Fifteen, Three Predictable Problems Will Surface Soon

"The net result of Joe Biden’s EPA raising the mandatory amount of biofuel that must be present in the U.S. gas supply is this:

(1) Less food as more corn is needed for ethanol. (2) Higher prices for finished and blended gasoline. (3) Vehicle engines breaking down at a much higher rate. The predictable Biden outcome is the absolute worst scenario for the middle-class."

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