This story was originally published on Feedstuffs website:
On Friday the U.S. Environmental Protection Agency (EPA) Administrator Andrew Wheeler signed the final action that would remove the key regulatory barrier to using gasoline blended with up to 15% ethanol (E15) during the summer driving season and reform the renewable identification number (RIN) compliance system under the Renewable Fuel Standard (RFS) program to increase transparency and deter price manipulation.
Growth Energy CEO Emily Skor estimates the change will generate over 1 billion new gallons of ethanol demand in the next five years.
Jeff Broin, chief executive officer of the nation’s largest ethanol producer POET, said longer-term, “Nationwide adoption of E15 will drive the production of 7 billion gallons of biofuels, creating additional demand for 2 billion bushels of corn each year, and unlocking new domestic demand for homegrown fuels at a critical time for America’s farmers.”
Today, E15 is sold at more than 1,800 locations in 31 states, with many more expected in the months and years ahead, according to Growth Energy. Over the last decade, Growth Energy has worked with top fuel retailers, like Sheetz, to expand options for American motorists.