The US corn ethanol mandate (approximately 1 million barrels per day of production) could physically be phased out over three years, but political pressure from farmers and their congressional representatives makes reversal extremely unlikely despite widespread recognition that the policy has been harmful.
normativepending
Speaker
Art BermanEvidence Quote
“We could physically do it, but all the farmers would scream, all the congressmen who support those farmers would scream. We can't do anything unless everybody agrees that it suits their constituents. And so, the likelihood of that happening I think is very close to zero.”
Source
Arthur Berman: "Peak Oil - The Hedonic Adjustment" | The Great Simplification #54— Nate HagensCreated: 8/12/2026, 5:55:57 PM
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