America's Biofuel Leaders Celebrate EPA's Final Approval to Allow the Year-Round Offering of E15Fri, 31 May 2019 10:29:48 CDT
Growth Energy, the nation’s largest association of ethanol producers and supporters, today celebrated final action by the U.S. Environmental Protection Agency (EPA) allowing American drivers to fuel up with E15, a fuel blended with 15 percent ethanol, all year-round. Growth Energy CEO Emily Skor said the final rule will benefit drivers and farmers alike.
“We are grateful to President Trump for delivering on his promise to unleash the power of E15 all year-long,” said Skor. “The approval of year-round E15 is an incredible milestone for the biofuels industry, and the result of over a decade of hard work by Growth Energy, our members, our congressional champions, and folks all across rural America who made their voices heard.
“With year-round E15, retailers will have the regulatory certainty they need to offer American drivers a cleaner, more affordable fuel choice throughout the year. This action also means savings for American motorists at the pump and a sorely needed market for farmers who are facing a devastating economic downturn. We estimate this one change will generate over a billion new gallons of ethanol demand in the next five years. Over time, demand for E15 could boost the market for American grain by an additional two billion bushels.
“We appreciate the EPA’s efforts to get this rule over the finish line in time for the summer driving season. We will continue our work with the agency to ensure that the market for biofuels remains strong, and that means upholding the targets set by Congress and ensuring American drivers continue to benefit from true competition at the pump.”
Over the last decade, Growth Energy has worked with top fuel retailers, like Sheetz, to expand options for American motorists. Today, E15 is sold at more than 1,800 locations in 31 states, with many more expected in the months and years ahead.
“This fix provides major regulatory relief for all retailers seeking to offer lower-cost, higher-octane options at the fuel pump,” said Mike Lorenz, Executive Vice President for Sheetz. “For too long, retailers had to pay millions to retool and relabel pumps each summer and fall, which creates needless confusion for drivers. Now our customers will have uninterrupted, year-round access to E15 and a chance to save money during the busy summer travel season.”
Source - Growth Energy
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