Ethanol Backers Tout Fuel As Immediate Pump Price Relief
March 11, 2022 11:29AM CST
E-15 sticker on a pump in North Central Missouri. (Photo by Kyle Hill, Alpha Ag Network)
Biofuel backers already frustrated by court setbacks and regulatory hurdles inhibiting expanded ethanol use in the U.S. are clamoring for the administration to embrace the fuel as an immediate solution to record gas prices. Geoff Cooper is CEO and President of the Renewable Fuels Association.
Cooper is critical of the Biden Administration’s consideration of importing oil from elsewhere, rather than relying on domestically produced ethanol.
RFA CEO and President Geoff Cooper says the sharp rise in gasoline prices means that ethanol producers can increase their profit margin while still maintaining a discount to unblended supplies.
