Biofuel and farm leaders today called on President Biden to get ahead of rising fuel costs by authorizing sales of E15 this summer. In a letter to the White House, six stakeholder groups noted that current conditions are analogous to those in place last summer, when President Biden waived outdated Reid Vapor Pressure (RVP) restrictions on E15. The move saved drivers up to nearly a dollar per gallon at the pump in some areas, and an average of 23 cents per gallon according to the Minnesota Department of Commerce.
“The ongoing conflict in Ukraine, now extending into its second year, continues to reverberate across global energy markets,” said the letter, whose signatories include the Renewable Fuels Association, Growth Energy, National Corn Growers Association, National Sorghum Producers, American Farm Bureau Federation and National Farmers Union. “At home, this conflict continues to cause fuel supply disruptions, high gasoline prices, and ongoing uncertainty for millions of Americans. To help remedy these disruptions, provide stability for American families, and support domestic energy and economic security, we urge the administration to authorize the summer sale of gasoline blended with up to 15 percent ethanol (E15).”
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