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
RFA President and CEO Geoff Cooper joined us to discuss the proposed E15 amendment in the Farm Bill, industry reaction to the legislation, and the outlook for year-round E15 sales.
Fuel costs are shaping food and demand patterns.
A prolonged Iran ceasefire offers limited relief as fertilizer concerns persist, prompting U.S. policy shifts and driving farmers to reconsider crop acreage.
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.

LATEST STORIES BY THIS AUTHOR:

On January 31, the U.S. House overwhelmingly passed tax legislation containing provisions of importance to farmers and ranchers in particular and many taxpayers in general.
In this Firm to Farm blog post by RFD-TV legal expert Roger McEowen, he looks ahead at what might be the biggest issues in ag law and tax in 2024.
In part seven of his blog series,"Top 10 Developments in Ag Law and Tax in 2023,” agri-legal expert Roger McEowen covers the #1 issues, SCOTUS and defining a “Water of the United States.”