Crawford comes out against renewable fuel | Arkansas Blog

Monday, August 27, 2012

Crawford comes out against renewable fuel

Posted By on Mon, Aug 27, 2012 at 1:12 PM

The Blue Arkansas blog notes a story in the Paragould Press last week in which Rep. Rick Crawford said he favors the elimination of renewable fuel standards — which would require 36 billion gallons of grain-based ethanol to be blended into gasoline by 2022 — and goes on to admit that eliminating the RFS would hurt corn prices on the commodities markets.

“The RFS is a key component of $8 [per bushel] corn,” Crawford said. “Somewhere we have to find that balance.... If we got rid of the RFS, there would be fallout in the market. But it is not as bad as some would say. You can’t take $8.25 [per bushel] corn.”

That funneling a significant portion of the nation's corn crop into hungry gas tanks has an impact on the rising price of corn isn't that big a shocker, but as Blue Arkansas notes, Crawford's remarks probably won't play well with the John Deere set.


From the ArkTimes store


Comments (12)

Showing 1-12 of 12

Add a comment

Subscribe to this thread:
Showing 1-12 of 12

Add a comment

More by David Koon

  • An Arkansas-themed gift guide

    Get out your shopping list.
    • Nov 23, 2017
  • Arkansas joint ventures

    With dispensary and cultivation applications pending, hundreds of Arkansas entrepreneurs are sitting on go for a medical cannabis gold rush. How will it pan out?
    • Nov 16, 2017
  • Visionary Arkansans 2017

    A celebration of Arkansans with ideas and achievements of transformative power.
    • Nov 9, 2017
  • More »

Readers also liked…

  • Kenneth Starr: A comment from Betsey Wright

    Betsey Wright, former President Bill Clinton's chief of staff when he was Arkansas governor, responds bitterly to a New York Times article today quoting Whitewater Prosecutor Kenneth Starr's warm words about Clinton. She can't forget the lives Starr ruined in Arkansas.
    • May 24, 2016
  • Sarah Huckabee Sanders becomes White House press secretary

    Sarah Huckabee Sanders, daughter of former Arkansas Gov. Mike Huckabee, is the new White House press secretary.
    • Jul 21, 2017
  • The long and winding road: No exception yet for 30 Crossing

    The Arkansas highway department's representative on the Metroplan board of directors told the board today that the department is requesting an exception to the planning agency's cap on six lanes for its 30 Crossing project to widen Interstate 30 from six to 10 (and more) lanes.
    • Jun 29, 2016

Most Recent Comments



© 2017 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation