In a press release today, the American Coalition For Ethanol also outlined several reasons why suspending the tariff on ethanol will do nothing to lower gas prices. They are simply:

Lifting the tariff is unnecessary because significant volumes of ethanol already flow in the U.S. duty-free.under the Caribbean Basin Initiative.

Lifting the tariff forces U.S. taxpayers to support the production of foreign ethanol that is already heavily subsidized in Brazil.

Ethanol supplies are indeed adequate to meet the demand created by the removal of MTBE from the fuel supply.

Lifting the tariff would undermine the growth of the domestic ethanol industry.