U.S. House to vote on Lower Food and Fuel Cost Act Thursday evening
The U.S. House will vote on legislation that could have major implications for biofuels tomorrow.
Renewable Fuels Association CEO Geoff Cooper says the Lower Food and Fuel Cost Act includes a permanent fix for year-round E15.
“This is legislative language that would once and for all remove that hurdle that we’ve had to E15 sales in the summertime. That’s been something we’ve been trying to get through Congress for many years.”
He tells Brownfield the bill also includes $200 million in additional funding for higher blends infrastructure.
“Grants that would help offset the cost of installing dispensers, tanks, and other infrastructure necessary to distribute higher blends of ethanol like E15 all the way up to E-85.”
The legislation will be heard on the House Floor Thursday evening.
“We need a ‘yes’ vote on that package, you know then we move on to the Senate and see what we can get done over there. But overall, it’s a very good package for the ethanol industry.”