Illinois: Year-Round E15 Vital for Corn Farmers
Barani Krishnan
DTN Refined Fuels Market Reporter
SECAUCUS, NJ (DTN) -- The state of Illinois has urged Congressional leaders
to pass legislation to permanently allow year-round sales of E15, the gasoline
with 15% ethanol blend, citing Midwest farmers' need for long-term economic
certainty.
In a letter to the House of Representatives and Senate on Thursday (4/2),
Illinois Governor JB Pritzker stressed that while the Trump administration's
recent resolution allowing the E15 to be used as a summer fuel was welcome,
that fix fell short of the stability required for the agricultural investments
needed to produce adequate ethanol for the blend.
"Illinois farmers need dependable, long-term policies they can count on, not
short-term fixes," Jerry Costello II, director of the Illinois Department of
Agriculture, said in a media release accompanying Pritzker's letter to
Congress. "Making E15 available year-round would increase the demand for
Illinois corn, keeping the nation's energy dollars in the Midwest and reducing
our reliance on foreign oil.
The push comes amid soaring gasoline prices at U.S. pumps brought about by
global oil supply disruptions triggered by the war in Iran. Pump prices rose
nearly $1 over the past month, leaving the national average at just below $4
gallon by end-March.
Allowing the 15% ethanol blend to be sold throughout the year -- instead of
just the summer -- would broaden domestic U.S. sales of corn and also offset
losses from shrinking export markets for the commodity.
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