Ethanol Retailers - May 5, 2022

May 5, 2022

EPA issues waiver allowing E15 sales to continue this summer The EPA on April 29 issued an emergency fuel waiver allowing E15 to be sold during the summer 2022 driving season. President Biden on April 12 announced the agency would take such action as part of the administration's effort to reduce fuel prices. READ MORE SHARE
Midwest governors take action on year-round E15 The governors of Iowa, Nebraska, Illinois, Kansas, Minnesota, North Dakota, South Dakota and Wisconsin on April 28 sent a letter to U.S. EPA Administrator Michael Regan seeking a permanent solution to year-round E15 sales. READ MORE SHARE
	Ricketts signs bill creating tax credit for higher ethanol blends Nebraska Gov. Pete Ricketts on April 19 signed legislation that provides tax credits for fuel retailers that sell E15 or higher blends of ethanol. The credit is 5 cents per gallon of E15 and 8 cents per gallon of E25 or higher blends sold. READ MORE SHARE
National Carbon Capture Conference & Expo to be held Nov. 8-9 Carbon Capture Magazine's National Carbon Capture Conference & Expo will be held in Des Moines, Iowa at the Iowa Event Center on Nov. 8-9, 2022. Speaker presentation abstracts are being accepted through July 8. READ MORE SHARE
OPINION: E15 receives green light for summer RFA's Robert White discusses the Biden administration's decision to allow E15 sales to continue through the summer of 2022 as part of its effort to reduce fuel prices and provides guidance to fuel retailers on how to offer the fuel blend. READ MORE SHARE
	Iowa House, Senate pass governor’s biofuels bill The Iowa Senate and Iowa House of Representatives on April 26 each voted to approve legislation introduced by Iowa Gov. Kim Reynolds in January that will increase consumer access to higher blends of ethanol and biodiesel. READ MORE SHARE
Glacial Lakes Energy calls on lawmakers to open door to E30 Opening the door to 30 percent ethanol blends would save consumers billions of dollars at the gas pump and reduce imported oil by as much as 1 billion barrels per year, according to officials at Glacial Lakes Energy. READ MORE SHARE
Biden visits Poet plant to discuss emergency action on E15 President Joe Biden on April 12 visited Poet’s 150 MMgy ethanol plant in Menlo, Iowa, to discuss the U.S. EPA’s plan to issue an emergency waiver allowing E15 to be sold through the summer 2022 driving season. READ MORE SHARE
MN Bio-Fuels kicks off E15 promotion in Plymouth Over the next five months, the Minnesota Bio-Fuels Association (MN Bio-Fuels) and KS95 FM will team up at various gas stations in the Twin Cities metro area to reward drivers who fuel up with E15. READ MORE SHARE
Biden: EPA to issue emergency waiver allowing summer E15 sales President Joe Biden on April 12 announced that his administration will reinstate the ability to sell E15 this summer in an effort to reduce high fuel prices via a national emergency waiver that will be issued by the U.S. EPA. READ MORE SHARE
USDA announces efforts to boost homegrown biofuels On April 12, Agriculture Secretary Tom Vilsack announced steps the USDA is taking to implement President Biden’s plan to enable energy independence by boosting homegrown biofuels, including HBIIP grants and SAF initiatives. READ MORE SHARE
EIA: Summer US gasoline, diesel prices to be highest since 2014 After adjusting for inflation, this summer’s forecast national average price would mark the highest retail gasoline and diesel prices since 2014, according to the U.S. Energy Information Administration. READ MORE SHARE