Here’s what Trump’s ethanol plan means for farmers, refiners and motorists

President Donald Trump’s plans to allow the sale of a higher concentration of ethanol in gasoline throughout the year would appease U.S. corn farmers who have been stung by low corn prices as a result of the U.S.-China trade dispute and likely even lead to lower prices at the pump. Some refiners and older car engines, however, may pay the price. It would help to push corn prices higher and benefit farmers, and it may even help to lower prices for gasoline, but it would hurt refiners who don’t have the ability to blend ethanol—and there are also concerns about the impact of E15 in car engines, especially those made before 2001, he said.