Perdue announces first $22 million to increase ethanol sales by 150 million gallons
From a north-central Iowa ethanol plant on Thursday, Secretary of Agriculture Sonny Perdue announced the USDA has invested $22 million out of $100 million in grants available to increase American ethanol and biodiesel sales. The initial $22 million is projected to increase ethanol demand by nearly 150 million gallons annually.
“Investments made through the Higher Blends Infrastructure Incentive Program are helping rural communities build stronger economies and will give consumers more choices when they fill up at the pump,” Secretary Perdue said. “President Trump has expanded ethanol use by unleashing year-round E15, and the result is more demand for American farmers and more affordable fuel for American consumers.”
Joined by Iowa Senator Chuck Grassley, Secretary Perdue toured Golden Grain Energy in Mason City. Secretary Perdue also stopped at a Casey’s General Store in Ankeny, Iowa, alongside Iowa Secretary of Agriculture Mike Naig to roll out the multimillion-dollar investment.
“An investment in renewable fuels is an investment in Iowa. The industry creates tens of thousands of jobs, additional markets for our corn and soybean producers to sell their grain, and cleaner-burning, more affordable fuels for Iowa consumers,” said Secretary Naig.
Iowa is the nation’s leading renewable fuels producer. The industry contributes more than $5 billion to the state’s economy and supports more than $48,000 jobs, according to the Iowa Renewable Fuels Association.
Funding per state
Fourteen states are recipients of the funding project including: California, Florida, Iowa, Illinois, Indiana, Kansas, Kentucky, Minnesota, Missouri, Nebraska, New York, Ohio, Utah, and Wisconsin.
Examples of the projects include:
Iowa - United Farmers Cooperative to use $93,000 to replace six dispensers and two storage tanks at a fueling station estimated to increase ethanol sales by nearly 300,000 gallons per year.
- Wisconsin – BP Kenosha Travel Plaza LLC to use $378,000 to replace and install 20 dispensers and storage tanks at two fueling stations estimated to increase ethanol sales by 1.6 million gallons per year.
- Florida, Georgia, Tennessee, South Carolina, Alabama – Southeast Petro Distribution to use $3.5 million to replace and install 113 dispensers, 48 storage tanks, and 26 fueling stations estimated to increase ethanol sales by 1.7 million gallons per year.
USDA plans on announcing the remaining HBIIP investments in the coming weeks.
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