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
NCGA Chief Economist Krista Swanson discusses the evolving role of ethanol in the current energy crisis, opportunities for expanding corn discusses the evolving role of ethanol in the current marketdemand, and the industry’s outlook moving forward.
E15 policy could shape future corn demand outlook.
At the Port of Brownsville, shrimpers are facing rising operating costs and increased competition, but many shrimp producers and local lawmakers remain optimistic about the industry’s future.
Biofuel policy decisions may influence planting economics. Today, March 18, is also National Biodiesel Day.
Geopolitical tensions in the Strait of Hormuz disrupt fertilizer shipments, raising costs and creating uncertainty for U.S. farmers ahead of planting season.
President Trump issues a 60-day Jones Act waiver to ease fuel shipments amid Middle East tensions disrupting energy markets, while biofuel policy gains focus.
