Washington, D.C. – In a letter to President Trump today, Growth Energy, the American Farm Bureau Federation, National Corn Growers Association, National Farmers Union, National Sorghum Producers, American Coalition for Ethanol, and Renewable Fuels Association urged the administration to act immediately to restore the integrity of the Renewable Fuel Standard (RFS) and allow year-round sales of E15 and other mid-level ethanol blends. The groups also expressed concern that any benefit from year-round E15 sales and proper implementation of the RFS could be nullified if refiners are given further regulatory bailouts that undercut the spirit and intent of the law.
The letter follows comments made by Secretary of Agriculture Sonny Perdue on Aug. 29 that an announcement on the RFS and E15 would be coming soon. “With ethanol prices hitting a 13-year low and net farm income plummeting to half of the record $123 billion achieved in 2013, such an announcement could not come at a more critical juncture for rural America,” the groups wrote.
“Mr. President, the circumstances have changed since you first began considering these issues, and biofuel producers and farmers are suffering. Thousands of biofuel manufacturing and farming jobs in America’s Heartland are now at risk due to the EPA’s recent mismanagement of the RFS and inexplicable delay in removing the de facto summertime ban on E15,” according to the letter.
The letter notes that ethanol prices, RIN credit prices, and ethanol profit margins are falling, as small refiner exemptions issued by EPA have reduced ethanol demand and inflated stocks.
“The situation is even more dire in the grain markets, where prices received by farmers are sagging below the cost of production. With a near-record corn crop expected this fall and tariffs putting a damper on trade opportunities, farmers desperately need expanded access to markets and new sources of demand,” the groups explained.
“Former EPA Administrator Scott Pruitt already gave refiners far more than their end of a deal in the form of 2.25 billion gallons of biofuels demand destruction, and they are reaping the rewards of that windfall today,” the letter continued. “Now, with the corn and ethanol industries hurting, it’s rural America’s turn to get its end of the deal.”
The full letter is available here.
WASHINGTON, D.C. – Growth Energy CEO Emily Skor today thanked 24 members of the House Biofuels Caucus, led by Co-Chairs Kristi Noem (R-SD) and Collin Peterson (D-MN), who sent a letter to Environmental Protection Agency (EPA) Acting Administrator Andrew Wheeler urging the administration to lift summertime regulations on E15 and uphold the Renewable Fuel Standard (RFS). […]
Red tape is holding back a renewable fuel that could help rural America. See why I'm calling on the EPA to support #E15Now: https://t.co/TTYCZ09Me6 https://t.co/sAk8Bit79r
TODAY'S FAST FACT #E15 #campaign #fuel #PrimeatthePump @GrowthEnergy https://t.co/h6obMKDBl0
NCERC wants to welcome @dericKramer @AmericanEthanol @GrowthEnergy to the Agriculture Coast, ST LOUIS. We’ll be cheering you on this weekend and can’t wait to watch you bring home a Wally!! 🏆🏆🏆🏆Here’s a message from our director: https://t.co/3nJfYzT5XS