Majority Leader Boehner Steps Up On Ethanol

U.S. House of Representatives Majority Leader John Boehner has suggested lifting or lowering the import tariffs on ethanol. This might be one of the few suggestions that I heard that will have an immediate effect on the price. At least it can help stabilize the price.

(Reuters/Yahoo)"We don't have enough ethanol in production today. It's coming on board, but if we were to temporarily reduce the tariff on ethanol coming into our country, I think that would ease the pressure that's out there, resulting in lower gasoline prices,"

I don't usually agree with Rep. Boehner, but I do on this. Ethanol is the next step, not the final step, in moving us from oil to alternative fuels. Unfortunately not all Congressman share this goal.