Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211

advertisements
   
   
   
   
   

Agricultural News


Growth Energy Applauds U.S House Action to Expand E15 in Response to Rising Gas Prices

Mon, 21 Mar 2022 12:00:40 CDT

Growth Energy Applauds U.S House Action to Expand E15 in Response to Rising Gas Prices Today, Growth Energy CEO Emily Skor applauded members of the U.S. House of Representatives, led by Reps. Randy Feenstra (R-Iowa), Cheri Bustos (D-Ill.), Ashley Hinson (R-Iowa), and Angie Craig (D-Minn.) for introducing the Home Front Energy Independence Act (H.R. 7175). In response to rising gas prices and the global energy crisis due to the war in Ukraine, this legislation would make the sale of E15 year-round permanent, create a tax credit for higher biofuel blends, streamline E15 labeling, provide funding for E15 infrastructure, extend the biodiesel tax credit for three more years, and ban imports of Russian petroleum products.

"We have an opportunity to lower prices at the pump today for American drivers by increasing access to E15 fuel," said Growth Energy CEO Emily Skor. "As gas prices across the country hit historic highs, higher blends like E15 have been selling for, in some instances, more than 50 cents cheaper per gallon. The Home Front Energy Independence Act would increase access to these cost savings across the country and all year long.

"The war in Ukraine has also thrown America's reliance on foreign oil, and the market uncertainty it creates, into the spotlight. The Home Front Energy Independence Act would boost U.S. energy security by increasing the supply of lower-cost, homegrown biofuels available to drivers."

Since the Renewable Fuel Standard was enacted in 2005, America's crude oil imports have dropped almost 50 percent. Homegrown, plant-based ethanol displaces the gasoline produced from more than 700 million barrels of oil every year.

H.R. 7175 is the House companion bill to S. 3787 introduced by Sen. Joni Ernst (R-Iowa) and Sen. Amy Klobuchar (D-Minn.)


   

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Oklahoma Youth Expo Sale of Champions Sale Order Available Here- Sale Set for 4 PM Friday  Fri, 17 Mar 2023 04:50:54 CDT
  • Rural Voters Dominated Vote to Defeat Recreational Marijuana March 7th  Fri, 10 Mar 2023 07:13:05 CST
  • Ron Hays Talks to Israeli Ag Tour Guide Colin Lotzof About the Miraclel of Ag in Israel  Wed, 22 Feb 2023 22:11:04 CST
  • OALP Members Experience First Hand View of Cutting Edge Drip Irrigation Technology as Israel Travel Ends  Wed, 22 Feb 2023 10:51:49 CST
  • OALP Members Get First Hand View of Cutting Edge Drip Irrigation Technology as Israel Travel Ends  Wed, 22 Feb 2023 10:50:10 CST
  • Oklahoma Ag Leadership Program Sees Fruit, Beef and Dairy Production North of the Sea of Galilee in Israel  Mon, 20 Feb 2023 21:56:02 CST
  • Oklahoma Ag Leadership Program Sees Diverse Farm Operations in Jordan River Valley of Israel  Sun, 19 Feb 2023 21:17:30 CST
  • Israeli Tour Guide Mark Kedem Talks About The Cultural Aspects of What Class XX of OALP is Experiencing   Sat, 18 Feb 2023 22:17:23 CST

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Oklahoma Beef council Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit Ag Mediation Program P&K Equipment Oklahoma City Farm Show Union Mutual Stillwater Milling Oklahoma Cattlemen's Association KIS FUTURES, INC.
       
       
       
       
       

    Search OklahomaFarmReport.com

    © 2008-2024 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.