“Domestically produced biofuel strengthens our energy independence, supports farmers, and cuts costs for families,” said Klobuchar. “My bill with Senator Ernst, the Biofuel Infrastructure and Agricultural Product Market Expansion Act, unlocked this funding to help bring affordable biofuels to more local gas stations and help drivers save money.”
“Biofuels offer us a clean, renewable, and homegrown pathway to transition away from fossil fuels,” said Smith. “Minnesota is already a leader in biofuels production, and this investment from the Inflation Reduction Act will further spur an industry that America relies on for energy independence, drivers rely on for lower gas prices, and farmers rely on for new streams of income. We’re reducing harmful emissions while creating more economic opportunity in rural areas.”
These grants will reduce out-of-pocket costs for transportation fueling and distribution facilities to install and upgrade biofuel-related infrastructure such as pumps, dispensers, and storage tanks. Blending ethanol into gasoline has helped reduce fuel costs by approximately 25 percent.
Source: Senator Amy Klobuchar