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RUMOR: Administration To Temporarily Suspend Ethanol Tariff?


Washington, May 4, 2006 -

UPDATE (3:17 PM): This rumor has been proven false. We'll keep plugging.
Folks - we're hearing whispers that a senior Administration official may announce a temporary suspension of the 54-cents-a-gallon ethanol import tariff as soon as this afternoon. Congressman Kingston was one of the first to recommend (HR4409, Section 303) that we need to permanently drop ALL import tariff's on fuel to help America realize its fuel independence. (BTW - HR4409 now has 72 cosponsors!) He would strongly urge the Administration to move forward on this action item which would immediately help lower gas prices Americans are paying at the pump by allowing cheaper ethanol to flow in to the United States. After all, if we don't tax oil coming in from the Middle East, why are we taxing ethanol from Brazil?

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