As American families make travel plans and assess energy costs for their farms and businesses during the summer, it is as important as ever to champion domestic production of affordable fuels.While gasoline prices in Nebraska are down 5.6 percent from this time a year ago, and diesel prices are down 5.8 percent, tensions around the world put supply chains and energy security at risk. In light of this, policies which embrace the capacity of American biofuels producers to meet demand, such as year-round availability of ethanol blends of 15 percent (E15), are crucial for an all-of-the-above, winning strategy for American energy affordability.
According to Growth Energy analysis, E15 has the potential to save American drivers $20.6 billion in annual fuel costs and generate $66.3 billion for U.S. gross domestic product. My bill with Senator Deb Fischer, the Nationwide Consumer and Fuel Retailer Choice Act, would end the unnecessary cycle of dependance on summertime waivers from the EPA and permanently allow year-round, nationwide sale of E15. Our legislation does not have the effect of a mandate. It simply removes existing unscientific restrictions on E15 sales.
I am grateful last week the Trump administration rightfully recognized the key role biofuels play in American energy security when the Environmental Protection Agency (EPA) announced its proposed Renewable Fuel Standard (RFS) volume requirements for 2026 and 2027. In May, I wrote to President Trump with 25 colleagues calling for timely and robust renewable volume obligation (RVO) requirements, and I look forward to working with EPA Administrator Lee Zeldin and the president to ensure these proposed RVO levels have the intended effect of promoting American energy production. If finalized, these RFS volumes will support our agriculture producers, provide much needed certainty to the industry, and ensure consumers have greater access to affordable liquid fuels.