Ricketts Blames Biden for Inflation, Calls on Ethanol Priorities — Ricketts Says Nebraska Has Proven E30 Works in Regular Vehicles

Business News/Analysis, Federal Agency/Executive Branch, Nebraska, Opinions, Policy, White House

May 11, 2022

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(News Channel Nebraska Central) In a statement Tuesday, Nebraska Gov. Pete Ricketts blamed economic inflation on President Joe Biden and called for biofuels priorities that feature ethanol made with Nebraska-grown corn.

Ricketts said the price of wholesale ethanol has recently been as much as $1.20 per gallon less than expensive gasoline and cuts greenhouse emissions by 43 percent compared to gasoline.

He said about 35 to 40 percent of the state’s corn crop currently goes to the ethanol industry.

The governor says Nebraska has demonstrated that E30 fuels can be used in regular vehicles without reducing performance or requiring extra maintenance. READ MORE

Gov. Ricketts: President Biden Must Unleash U.S. Energy Production, Cut Red Tape to Ease Inflation (Office of Governor Pete Ricketts (R-NE))

President Costanza Takes On Inflation — Biden lays out his plan on prices, but he’d do better if he did the opposite. (Wall Street Journal)

Excerpt from Office of Governor Pete Ricketts (R-NE): “Instead of begging authoritarian governments in Venezuela and Iran to sell more oil, the President should prioritize biofuels produced right here in America’s Heartland. Ethanol saves drivers money at the pump so that they can keep more money in their wallet. The price of wholesale ethanol has recently been as much as $1.20 per gallon less expensive than gasoline. This discount is passed on to motorists who fuel their vehicles with ethanol blends. Filling up with ethanol helps clean up the environment by reducing toxic emissions. Ethanol made from Nebraska corn cuts greenhouse gas emissions by 43% compared to gasoline. Ethanol also creates opportunities for Nebraska’s farm families and strengthens our number one industry: agriculture. Roughly 35-40% of the corn grown in our state goes to our ethanol industry. Authorizing E15 this summer is a start, but the President needs to do more. There’s no good reason why the year-round sale of E15 shouldn’t be permanent. Additionally, Nebraska has demonstrated that E30 fuel can be used in regular vehicles without reducing performance or requiring extra maintenance. The federal government should move full speed to increase volumes of E30 in our nation’s fuel supply.” READ MORE

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