Siouxland Lawmakers worried about EPA proposal - KTIV News 4 Sioux City IA: News, Weather and Sports

Siouxland Lawmakers worried about EPA proposal

Ethanol blended pump Ethanol blended pump

The Obama administration wants to reduce the amount of ethanol in the nation's fuel supply, acknowledging the biofuel law championed by both parties in 2007 is not working as well as expected.

The new proposal announced today is unlikely to mean much for consumers at the pump.

It could, however, cut into farmers' profits for corn, the primary ethanol source.

The change would require almost 3 billion fewer gallons of biofuel to be blended into gasoline in 2014 than the law mandates.

The oil industry lobbied hard for the reduction.

Iowa Governor Terry Branstad vowed Friday to join agricultural groups in fighting for renewable fuels in light of the decision by the EPA to lower the volumes of renewable fuels.

Agriculture Secretary Tom Vilsack made the following statements on EPA's proposal: "The Obama Administration remains committed to the production of clean, renewable energy from homegrown sources."

Iowa Senator Tom Harkin says the proposal would cost thousands of American jobs and undermine investments in advanced biofuels.

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