An ethanol group out of Nebraska says year-round sales of E15 could turn numbers around. They are calling on the Administration to change the Clean Air Act, saying it is long overdue.
“By not allowing that 20–30 years ago in the thinking, we ended up in the situation where we are now. Of course, with the petroleum competitor, who does not want to lose that five percent market share, and they want to fight tooth and nail for that, which I understand. If I were a CEO of Exxon, I’d feel the same way. But I’m not CEO of Exxon. I’m a corn farmer from Nebraska, and my concern lies with my friends and my neighbors, and how we can keep more young farmers in business,” said Janten Bensel with the Nebraska Ethanol Board.
Regular unleaded gas, like most cars use today, is an E10 blend. The group argues that if that went up to 12, it could help consume an extra billion bushels of grain each year. Other renewable fuel groups are calling on Congress to write into law year-round sales of E15. It is an issue they could tackle when returning to Washington next month.
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With record grain harvests and rising global ethanol demand, leaders across the ag and energy sectors are pushing for year-round E15 sales to mitigate the strain on grain trade.
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Farm CPA Paul Neiffer outlines the key difference between previous ECAP payments and the Farm Bridge Assistance Program.
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