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
California rewards low-carbon ethanol, not higher blending volumes.
Shifts in energy demand will influence fuel, fertilizer, and input costs.
Summer fuel rules cap ethanol demand and limit corn upside.
Patrick De Haan with GasBuddy joined us to discuss diesel price volatility and what farmers can expect as geopolitical tensions continue to impact energy markets.
Strong ethanol exports support long-term growth in corn demand.
As budget hearings continue on Capitol Hill, policymakers focus on long-term solutions to stabilize the fertilizer market to support U.S. farmers.
