Grassley introduces Domestic Energy Promotion Act to extend biofuels tax credits
In Washington, Sen. Chuck Grassley, R-Ia has introduced legislation that would see the 45-cent ethanol tax credit cut to 20 cents in 2012 and 15 cents in 2013 but it could swing as high as 30 cents depending on the price of oil. With $80 oil the credit would fall to 6 cents and at […]












