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Why Congress Should Ditch the Renewable Fuel Standard
Nicolas Loris | Stephan JakschPoliticians don’t have a crystal ball that can predict the future of energy prices, energy supplies, or demand for electricity and gasoline. But they pretend to, and that’s a problem. It leads to market-distorting policies that harm Americans as consumers and taxpayers. Take the Renewable Fuel Standard. Congress and the George W. Bush administration established…

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