The summer E15 waiver could save Americans $10 billion nationwide, says Growth Energy

Biofuel groups are laying out the numbers, showing the potential for big savings this summer with E15.

Growth Energy CEO Emily Skor says Americans stand to save more than $10 billion this summer. It follows an emergency waiver issued earlier this year, which allowed sales to continue throughout the summer.

In Iowa, the group estimates drivers could save up to $140 million on fuel costs this summer. In Illinois, those estimates jumped to more than $400 million in savings.

Despite the good numbers, Skor says it is time for Congress to pass permanent legislation, allowing unrestricted access to E15.

Related Stories
EPA estimates the rule could generate more than $10 billion for rural economies and support over 100,000 jobs across agriculture and manufacturing sectors.
As ag lawmakers in the Senate await the House vote on the Farm Bill, they are eager to discuss the challenges farmers face before it is their turn to take up the critical legislation.
Brooks York with AgriSompo addresses how current market conditions and risk management are impacted by volatility in the Middle East, and considerations for farmers in the spring planting season.
RFA and ACE leaders join us to discuss the latest developments in ethanol policy, market impacts, and the path forward
EPA Administrator Lee Zeldin, in consultation with the U.S. Department of Energy and under the Clean Air Act, approved the temporary measure to help stabilize fuel supplies and reduce costs for consumers.
As farmers and ranchers navigate rising input costs, lawmakers are considering a roughly $15 billion aid package to help, which would be tied to the spending bill for the war with Iran.

LATEST STORIES BY THIS AUTHOR:

The campaign is about more than just a digital push; NPB leaders hope it will become a rallying point for the entire industry.
The Senate failed to pass a continuing resolution that had been approved by the House the previous week. They could take it up again today, but it would take seven democrats to end the stalemate.
The USDA is working with 14 different states, including Georgia, to develop and implement block grants to address the unique disaster recovery needs for each state.
The decline in production marks the second consecutive year of contraction in the U.S. turkey industry.
“Those could’ve easily been our beans going over there. It goes to show that if that opportunity is there, China would be willing to buy.”