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Infographic: How Renewable Fuel Combats Climate Change

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Infographic: How Renewable Fuel Combats Climate Change

Posted 18 September 2015 in

National

Simply put: the Renewable Fuel Standard is the only law on the books combating climate change. According to a recently released study by the Biotechnology Industry Organization, the RFS has significantly lowered carbon emission levels and displaced nearly 1.9 billion barrels of foreign oil in the decade since it’s passage.

With so much progress on the line, the United States can’t afford to turn its back on renewable fuel.

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Fuels America News & Stories

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Infographic: How Renewable Fuel Combats Climate Change

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American Drivers Can Save $0.61 Per Gallon by Choosing Renewable Fuels

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American Drivers Can Save $0.61 Per Gallon by Choosing Renewable Fuels

Posted 18 June 2014 in

National

As the situation in Iraq comes home to motorists paying higher prices at the pump, more and more Americans are choosing less expensive, homegrown fuels as opposed to reliance on the volatile market for foreign oil. In fact, an analysis of data covering the past year from E85prices.com shows that drivers with “Flex Fuel” vehicles in the U.S. can pay an average of $0.61 less per gallon by filling up with E85, which contains up to 85 percent American ethanol.

As you probably know, ethanol is a higher octane fuel that improves engine performance. That’s why it has been added to gasoline for decades and is now being blended at higher levels into the fuels used throughout professional auto racing. Prices for American-grown renewable fuels like ethanol and advanced biofuels have just gotten better and better thanks to America’s Renewable Fuel Standard (RFS), which ensures that homegrown renewable fuels are available as an option to American consumers.

The analysis of data from “E85 Prices” also showed how drivers nationwide have at times saved as much as a whopping $0.76 per gallon at the pump over the past year by filling up on E85. And because ethanol increases the available fuel supply, it helps to drive down the price of gasoline for all drivers regardless of whether they choose a higher blend fuel like E15 or E85. And you’ve probably already heard that in addition to saving American drivers money, the RFS has helped to support 852,000 jobs and $184.5 billion in economic output in the U.S.

Meanwhile, violence in Iraq is driving high gas prices even higher than predicted. Mere worries about oil supply issues have already helped drive world and U.S. prices to their highest levels since September. Americans could see prices for regular gasoline jump more than $0.20 per gallon over the next couple weeks as violence in Iraq continues.

Our analysis coincides with a Fuels America advertising campaign to highlight the consumer savings the RFS and the renewable fuels industry deliver for Americans. This week, the coalition is running digital ads that ask Americans why we should “let Big Oil pump us dry,” and call on our leaders to “invest in affordable, homegrown renewable fuels” by protecting America’s Renewable Fuel Standard.

Fuels America News & Stories

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American Drivers Can Save $0.61 Per Gallon by Choosing Renewable Fuels

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3 Graphs That End The ‘Food vs. Fuel’ Debate

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3 Graphs That End The ‘Food vs. Fuel’ Debate

Posted 22 October 2013 in

National

Critics of renewable fuel (chiefly the oil industry) love to claim that growing our own fuel means higher food prices for American consumers. They’re dead wrong, and there’s still a lot of misinformation out there regarding the relationship between corn and the price of food in the grocery store. Let’s take a look:

  1. The price of corn is the lowest it’s been in three years, yet food prices have not come down. This year USDA is forecasting a record breaking corn crop in the US – just this week they updated their inventory estimate by an increase of 25%! Accordingly we have reached a three year low drop in corn prices- corn traded this month at$4.41 a bushel compared to the 2012 peak of $8.49.

Source: NASDAQ.com

 

  1. Only 16% of grocery costs can be traced back to farm inputs, like corn or wheat. The rest goes to costs like energy, transportation, packaging, marketing and labor.

Source: USDA.com, foodpolitics.com

 

  1. Oil, not corn, has been driving up global food prices. While the price of corn is one of many, complicated factors that go into grocery costs, researchers at the World Bank identified crude oil as the number one determinant of global food prices. The cost of energy from oil is integral to so much of the 84% we discussed in #2 (above) that when the price of oil goes up, food prices follow closely behind.

The facts could not be more clear: the agricultural inputs that become renewable fuel simply do not have enough influence on food prices to make a meaningful difference. The only way to spare consumers pain at the grocery store is to end our oil dependence and protect policies that promote alternatives, like the Renewable Fuel Standard.

Fuels America News & Stories

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3 Graphs That End The ‘Food vs. Fuel’ Debate

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