RFA calls on President Biden to boost biofuels use to fight rising gas prices

In Washington, in response to last week’s announcement by the White House calling on OPEC+ member countries to increase oil output, the Renewable Fuels Association sent a letter to President Biden supporting the Administration’s call for an investigation into the true causes of recent higher gas prices. The letter also underscored that the solution to higher pump prices is not more oil from OPEC+, but rather increased production and use of home-grown fuels such as ethanol.

In the letter, RFA encouraged the Biden Administration to expeditiously finalize robust Renewable Volume Obligations (RVOs) for 2021 and 2022, take action to ensure consumers have year-round access to E15, and work with Congress to ensure upcoming legislation includes incentives to increase FFV production and expanded infrastructure for higher ethanol blends like E15 and E85.