Statewide use of E15 would contribute $1B to Minnesota’s economy
Summary
The study said statewide use of E15 in Minnesota will increase ethanol demand, benefit consumers and the state economy and significantly reduce greenhouse gas emissions. According to ABF Economics, transitioning to E15 on a statewide basis would: •Save consumers $84 million based on the average price discount between E15 and E10 in 2022. This study shows not only the benefits of increasing access to higher blends of Minnesota-made renewable fuels, but also the downsides associated with interrupting E15 sales. To ease pressure on US fuel supplies, MN Bio-Fuels has joined biofuel and farm leaders in calling on President Biden to authorize sales of E15 this summer. In April 2022, President Biden waived outdated Reid Vapor Pressure (RVP) restrictions on E15, which saved drivers an average of 23 cents per gallon according to the Minnesota Department of Commerce.