Agricultural industry leaders are still waiting for federal action on expanding E15 ethanol fuel availability across the country after a key deadline passed without resolution. The National Corn Growers Association’s chief economist reports the industry remains in limbo regarding year-round E15 distribution nationwide.
Krista Swanson, speaking with agricultural news outlets, expressed frustration with the delay from the Congressional Rural Domestic Energy Council. “Unfortunately, the council had a first deadline of February 15th, and that has come and gone, and we haven’t really heard a lot,” Swanson stated.
Economic analysts suggest that if E15 expansion moves forward, it could create a dual impact on markets – potentially increasing corn commodity prices due to higher demand for ethanol production, while simultaneously offering consumers lower fuel costs at gas stations nationwide.
