Farms.com Home   News

Statement from Secretary Vilsack on Emergency ?Fuel Waivers for E15 Sales

“The Biden-Harris Administration has been the most supportive in our history for homegrown, renewable biofuels, which bolster American agriculture, expand people’s options for affordable fuel, strengthen our nation’s energy independence, and power the transportation sector that keeps our supply chains running. By allowing the summer sale of E15 at gas pumps nationwide, President Biden is supporting the creation of good-paying jobs and economic growth, particularly in rural and farm communities. At the same time, thanks to President Biden’s Inflation Reduction Act, USDA is continuing to make critical investments in infrastructure to expand biofuels’ availability for drivers at thousands more retailers through competitive grants we expect to announce soon. The Inflation Reduction Act also sets the course for U.S. agriculture to lead the way in helping to build a new industry that will produce low carbon aviation and marine fuel, create more manufacturing jobs, and keep America’s aviation industry at the forefront of innovation. Through all of these actions, the Biden-Harris Administration demonstrates progress every day on behalf of consumers and farm communities across the nation.”

Source : usda.gov

Trending Video

A Reopening of the Strait of Hormuz is Bearish Long Team Diesel/Fertilizer!

Video: A Reopening of the Strait of Hormuz is Bearish Long Team Diesel/Fertilizer!


The Iran/U.S. peace deal and the reopening of the Strait of Hormuz is bearish farm diesel prices and fertilizer.
A peak in crude oil = a peak in soy oil futures + a peak in canola futures short-term.
The SpaceX IPO increased Elon Musk’s net worth by $300 billion in 1 day more than what Warren Buffet made in his entire lifetime! WOW!
The NEW Fed chairman Kevin Warsch was too hawkish and hates providing guidance and visibility on interest rates. U.S. $ Index breaks above $100.
Cattle on Feed BULLISH!
S&P Global shock- the U.S. could lose 30 million corn acres by 2050. They say we need E15 mandated now!
China has started buying U.S. soybeans, but we need more volume.