Investing in Rural Nebraska with E15
GROWS OUR ECONOMY
AT THE PUMP
UNLOCKS ACCESS TO E15
DRIVES FUEL SAVINGS & ECONOMIC GROWTH
Unfortunately, the fuel market is not a “Free Market.” Hundreds of laws and regulations strictly govern fuels allowing Big Oil to maintain a virtual monopoly on 90% of America’s fuel supply and e ectively lock out lower-cost alternatives, like E15. LB 562 will give Nebraskans more freedom to pick the fuel that’s right for them and promote greater competition and bigger savings at the pump.
E15 has been approved since 2011, yet Nebraska retailers offerer it at just 122 locations in our state, while states like Minnesota (388), Wisconsin (359), and Iowa (288) outpace us by hundreds of sites. E15 availability is typically limited to independent retailers, while most oil-branded chains still stubbornly refuse to offer it. LB 562 will change that.
Last year, the average retail price of E15 in Nebraska was 17 cents less per gallon than E10. A recent study showed transitioning from E10 to E15 could save Nebraskans up to
$52 million annually. Shifting to E15 statewide would also increase the demand for corn by 14.5 million bushels per year, boosting economic activity in Nebraska by more than $100 million annually and creating thousands of new jobs.
NOT A "MANDATE"
KEEPS MORE MONEY IN NEBRASKA
A Minimum Access Standard ensures Nebraskans have the option to buy E15 by 2027.
• It does NOT require every pump at every station to sell E15
• It does NOT regulate volumes or percentage sales of E15
• It does NOT dictate the use of E15 in any vehicles
• It does NOT prohibit a retailer from selling other fuels
• It does NOT restrict E0 or E10 for equipment or recreational engines
Nebraska is the 2nd largest ethanol-producing state but ranks 45th for ethanol consumption with a blend-rate of just 9.7%. LB 562 will boost in-state demand for homegrown ethanol and ensure more of the money we spend getting where we need to go stays in Nebraska.