As Big Oil sets our oceans on fire, President Biden and his EPA need to issue strong RVOs and turn to viable clean energy alternatives, like biofuels, available abundantly now. On the campaign trail and in office, President Biden gave repeated and unequivocal promises to support rural, clean energy jobs and uphold the Renewable Fuel Standard.
If rumors are true and his administration backtracks — setting blending targets below 15 billion gallons for conventional biofuel — the administration would ensure greater use of fossil fuels, threatening to stall the nation’s clean energy transition, placing thousands of good-paying jobs at risk, and freezing economic recovery efforts in rural communities. Getting this right will be the first test of Biden’s campaign promises to rural America and the biofuels industry.
Rolling back higher ethanol blends at the pump prevents drivers across the country from accessing affordable, available fuel blends, like E15, and increases consumption of fossil fuels. In the last decade, American families have selected E15 to fuel nearly 25 billion miles driven because it is a lower-cost, higher-octane option at the dispenser, saving drivers up to $0.10 per gallon. Restricting summertime sales of E15 would increase costs for drivers, allowing oil companies to pocket as much as $3.4 billion with cleaner more affordable biofuel blends pushed out of the market.
E15 is already accessible at more than 2,400 stations across 30 states, including those operated by Sheetz, Kwik Trip, Casey’s, and Thornton’s, which have been selling E15 for more than five years. The outdated summertime restriction would impact sales at 85% of those sites. Delaying progress to towards a nationwide move to E15 also means American households are losing out on an additional $10.5 billion of income. Growth Energy supports the passage of S. 2239, the Consumer and Fuel Retailer Choice Act and H.R. 4410, the Year-Round Fuel Choice Act, in Congress to permanently eliminate the seasonal restrictions on E15.