IRFA Applauds Brazil for Embracing Biofuels to Reduce Fuel Prices

IRFA Calls on Biden Administration to Do the Same

Contact: Cassidy Walter
515-322-0435

JOHNSTON, IOWA – Today the nation of Brazil announced it will lift the 18% tariff on U.S. ethanol through the end of 2022 to ease the pain of fuel price inflation. In response, Iowa Renewable Fuels Association (IRFA) Executive Director Monte Shaw applauded Brazil’s decision and called on President Joe Biden’s Administration to also take steps to clear a path for U.S. biofuels to save Americans money at the pump.

“If American-made biofuels can lower prices at the pump for drivers across the world, it would be an absolute shame to not do all we can to ensure biofuels are saving drivers money right here at home. President Biden has an opportunity to lead the way to lower fuel prices by unleashing the power of higher biofuel blends like E15. Iowa biofuel producers are excited for this new market opportunity in Brazil but would also love to see more of our fuel used here in the U.S. Given the current fuel crisis, President Biden should immediately direct the EPA to use their emergency power to ensure E15 can continue to be sold throughout the summer months. Without action before May 1, Iowans and Americans across the country will lose the ability to purchase E15, which often sells for 10 to 30 cents less per gallon than regular unleaded.”

Gas prices are reaching all-time highs across the country and biofuel producers want to help. On March 8 IRFA called on the administration to take four specific steps to maximize the cost-saving power of American biofuels. The following week, IRFA reminded drivers of their options at the pump to save with biofuel blends.

Learn More about How You Can Save with Biofuels:  

  • Click here to learn more about what biofuel blend is best for your vehicle
  • Click here to find an E85 station near you
  • Click here to find an E15 station near you

The Iowa Renewable Fuels Association represents the state’s liquid renewable fuels industry and works to foster its growth. Iowa is the nation’s leader in renewable fuels production with 42 ethanol refineries capable of producing 4.5 billion gallons annually – including 34 million gallons of annual cellulosic ethanol production capacity – and 11 biodiesel facilities with the capacity to produce 410 million gallons annually. For more information, visit the Iowa Renewable Fuels Association website at: www.IowaRFA.org.

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