The coronavirus and its deep impact on the energy markets has hit the ethanol industry hard.
Renewable Fuels Association CEO Geoff Cooper says the
industry needs help.
“To help our industry survive these disastrous market
conditions, we are calling on Congress and the administration to take action
immediately to avert a potential collapse in the ethanol industry,” Cooper
says.
Over the past week, Cooper says, many ethanol plants have
significantly reduced their production, while others are idling all of their
capacity.
