What Trump’s New Ethanol Rules Mean for You
by Brittany De Lea (Fox Business) President Trump is in Iowa on Tuesday, just weeks after he lifted restrictions on ethanol – which could be a boon to both farmers and some drivers.
At the end of May, the Trump administration announced it would allow for the year-round sale of gasoline with higher concentrations of ethanol.
…
One benefit is that gas prices could come down. As previously reported by FOX Business, E15 is typically priced about 5 to 10 cents cheaper than regular gasoline.
…
According to the Renewable Fuels Association, E15 was approved for use in model year 2001 and newer vehicles by the EPA in 2012. The group says 90 percent of cars on the road are approved to run on E15.
Shaw previously noted that E15 has been in high demand where it is offered. E10, however, is still the default regular fuel sold across most of the country.
The move is also a boon to corn farmers, since corn is widely used to make ethanol domestically. Allowing for the year-round sale of E15 will give farmers more avenues to sell corn, which could bolster revenue especially when prices are low. READ MORE
Editorial: E15 year-round sales are a small gain for the ethanol sector (Omaha World-Herald)
Editorial, 6/12: E15 expansion gives welcome boost to Nebraska (Lincoln Journal-Star)
Thune: E15 decision is a win-win-win-win (Argus Media)
UPDATE 1-COPERSUCAR SEES 50% ETHANOL DEMAND RISE IN U.S. WITH NEW E15 POLICY (Successful Farming/Reuters)
Real World Economics: Oil prices, war, and a bad corn crop (Twin Cities Pioneer Press)
E15 sales seen as good news for Aurora Cooperative (Aurora News Register)
Jury still out on U.S. E15 ethanol blend’s impact on demand (Western Producer)
Stepp: EPA delivers on President Trump’s promise to allow year-round sale of E15 (AgriNews)
Excerpt from Argus Media: For consumers, the most immediate effect of this decision will be more options at the pump – oftentimes cheaper options too. It will help keep fuel costs down, which, especially during the summer traveling season, means less money is being taken out of the family budget. For station owners, it provides greater incentive to sell E15 since they no longer have to waste time or money changing pump labels in the fall. READ MORE