The Trump administration acquiesced to the ethanol lobby in a recent decision on the costly Renewable Fuel Standard (RFS), says the Wall Street Journal. Under a Bush-era 2007 law, the mandated amount of biofuels in your gas tank is increasing, which puts upward pressure on gas and food prices and likely harms the environment.
Loris notes that ethanol has only two-thirds the energy content of regular gas, so drivers get fewer miles per gallon the higher the share of ethanol and other biofuels mixed into their tanks.
So the next time you are pumping gas and see that "10% Ethanol" sticker, remember it's a Big Government swindle perpetrated by the GOP.
For more on ethanol, see here.
By CHRIS EDWARDS. Originally published at Cato @ Liberty.