The ethanol industry is waiting anxiously to see if a tentative deal to boost production of the corn-based fuel will stick.
“We are holding our breath,” Renewable Fuels Nebraska Executive Director Troy Bredenkamp told The World-Herald. “We are crossing our fingers.”
It’s the latest battle in a long-running war between the Corn Belt’s ethanol producers and the oil and gas industry.
The ethanol industry says the RFS waivers are taking a serious toll and causing plants to be idled.
Bredenkamp predicted that another 20 to 30 plants could close nationally if current trends continue.
