Trump says administration plans 'giant package' related to ethanol

Credit: REUTERS/Tasos Katopodis

WASHINGTON, Aug 29 (Reuters) - President Donald Trump said on Thursday his administration was planning a "giant package" related to ethanol that would please U.S. farmers angry over his administration's expanded approval of waivers freeing oil refiners from obligations to use ethanol.

"The Farmers are going to be so happy when they see what we are doing for Ethanol, not even including the E-15, year around, which is already done," Trump said on Twitter. "It will be a giant package, get ready! At the same time I was able to save the small refineries from certain closing. Great for all!"

(Reporting by David Alexander; Editing by Lisa Lambert)

((David.Alexander@thomsonreuters.com;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

More Related Articles

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.