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Industry: Email Alert RSS FeedGAO Ethanol Warning Threatens to Skew Senate Energy Bill
Oil Daily, The, March, 2002
GAO Ethanol Warning Threatens to Skew Senate Energy Bill Debate
As the US Senate kicked off an intense debate on comprehensive energy policy legislation, a storm was brewing over ethanol use in gasoline, one of the bill's key elements and the subject of tortuous negotiation.
In a surprising development, Sen. Dianne Feinstein (D- Calif.) questioned the bill's mandate calling for an increase in the use of corn-based ethanol, saying that it could lead to price spikes and gasoline shortages.
Senate Majority Leader Tom Daschle (D-S.D.) has been busy trying to bring together all sides, including the oil and ethanol industries, to hash out an agreement.
Feinstein released a report from the General Accounting Office (GAO), the investigative arm...
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