IARN — The top biofuel and farm advocate groups in the U.S. called on the administration to swiftly expand access to plentiful, lower-cost biofuels as fuel prices get closer to record levels.
Russia’s invasion of Ukraine is sparking fuel prices higher, and the Environmental Protection Agency will soon finalize biofuel blending requirements for 2021 and 2022. The agency will also address a controversial bid to retroactively alter volumes set for 2020.
“American-made biofuels are the only alternative to oil that can immediately extend the domestic supply of liquid fuels,” the groups said in a statement. “Experts continually warn us that Russia and OPEC will not protect American drivers from the inflated costs of fuel.”
Groups like Growth Energy, The American Farm Bureau, the National Farmers Union, the Renewable Fuels Association, and many others say the time is now to expand clean energy production, reduce emissions, and protect the economy from volatile oil prices.
Story courtesy of the Iowa Agribusiness Radio Network.
Image Source: Wikimedia Commons
