World's Largest Biofuel Producer POET Cheers EPA's Decision Allowing Year-Round Sale of E15Fri, 31 May 2019 11:18:01 CDT
Below are comments from CEO Jeff Broin of POET, the world's largest biofuel producer, in response to an announcement just now from EPA removing summer driving restrictions on fuel blended with 15% biofuel.
"The Trump Administration’s year-round E15 rule is a huge win for farmers, clean fuels and consumer choice. Millions of drivers will now have the freedom to choose cleaner-burning E15 and enjoy greater savings at the pump when they need it most - during the summer driving season when fuel prices peak."
"Nationwide adoption of E15 will drive the production of 7 billion gallons of biofuels, creating an additional demand for 2 billion bushels of corn each year, and unlocking new domestic demand for homegrown fuels at a critical time for America’s farmers. We extend our deepest thanks and appreciation to President Trump, Vice President Pence, Secretary Perdue, and Administrator Wheeler for putting family farms, rural jobs, cleaner air, and American consumers first and delivering year-round E15 as promised.
Source - POET
WebReadyTM Powered by WireReady® NSI
Top Agricultural News