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Growth Energy Applauds Trade Deal with Guatemala
WASHINGTON, D.C. — Growth Energy, the nation’s largest biofuel trade association, applauded a new United States–Guatemala Agreement on Reciprocal Trade. According to United States Trade Representative Jamieson Greer, the agreement will solidify new markets for U.S. exports and strengthen strategic economic ties in the Western Hemisphere. As part of the deal, Guatemala has agreed to transition to E10 ethanol blends for on-road use, and it shall endeavor to purchase at least 50 million gallons of ethanol from the United States annually.
“Every new market is another opportunity to close the gap between supply and demand for our farmers and fuel America’s energy leadership,” said Growth Energy CEO Emily Skor. “We applaud Ambassador Greer and the Trump administration for working to ensure that U.S. biofuel exports remain a bright spot for trade — one that supports working-class jobs and strengthens American manufacturing. Exports of 50 million gallons to Guatemala would translate to a market for 140 million bushels of U.S. corn, and that number will only grow as more of our trading partners add more lower-cost ethanol to their fuel supplies.”
The post Growth Energy Applauds Trade Deal with Guatemala appeared first on Growth Energy.
Broad Coalition of Farm and Fuel Leaders Rally Behind Immediate E15 Fix
WASHINGTON, D.C. — A broad coalition of trade groups representing ethanol producers, petroleum refiners, farmers, and retailers sent a letter to the co-chairs of the new E15 Rural Domestic Energy Council calling for swift action to deliver lower prices for consumers and a stable, efficient fuels marketplace. The letter outlines recommendations for consensus legislation to permit year-round, nationwide sales of E15 and improve long-term policy certainty across the transportation fuel sector.
“[T]he time window for arriving at a recommended legislative solution is short, with the council expected to submit legislative solutions to the full House by February 15th, only 16 days from today. We applaud this expedited time frame as fuel producers and retailers are making decisions now about product offerings over the next year, farmers are making planting decisions, and a legislative fix is needed as soon as possible to provide fuel producers and retailers with a predictable policy framework as we approach the summer driving season,” the organizations wrote.
To “achieve a solution in short order,” the groups urged lawmakers to build upon H.R. 1346, the Nationwide Consumer and Fuel Retailer Choice Act, that was amended and offered for consideration by Representative Adrian Smith (R-Neb.) last week before the Rules Committee. These include fixing outdated regulations on summer sales of E15 and limiting the marketplace distortions caused by Small Refiner Exemptions (SRE) under the Renewable Fuel Standard (RFS).
“H.R. 1346 has broad support from the overwhelming majority of biofuels, agriculture, fuel retail, and oil refining interests, and is the most comprehensive pathway to a legislative solution,” the organizations wrote.
Signatories on the letter included the Agriculture Retailers Association, American Farm Bureau Federation, American Petroleum Institute, Corn Refiners Association, Growth Energy, National Association of Convenience Stores, National Association of State Departments of Agriculture, NATSO, National Corn Growers Association, National Sorghum Producers, Renewable Fuels Association, and SIGMA.
Full text of the letter can be found at GrowthEnergy.org.
The post Broad Coalition of Farm and Fuel Leaders Rally Behind Immediate E15 Fix appeared first on Growth Energy.