Altoona, Iowa, Jan. 11, 2024 – U.S. Department of Agriculture (USDA) Secretary Tom Vilsack announced today that USDA is awarding $19 million in grants to U.S. business owners to increase the availability of domestic biofuels in 22 states and give Americans cleaner, more affordable fuel options at gas station pumps as part of President Biden’s Bidenomics agenda to lower costs and invest in America.

Blending ethanol into gasoline has helped reduce fuel costs by approximately 25 percent, contributing to falling gas prices across the country. Gas prices are now under $2.99 in more than half of U.S. states and saving the average driver more than $100 per month relative to peak prices. HBIIP increases the number of Americans that benefit from falling prices by expanding the use of ethanol-based fuels at gas stations around the nation.

The Department is making the awards through the Higher Blends Infrastructure Incentive Program (HBIIP), made possible with funding from President Biden’s Inflation Reduction Act.

“President Biden’s Inflation Reduction Act is giving people in rural areas the historic opportunity to expand clean energy and build an economy that benefits working families,” Vilsack said. “By increasing the supply of biofuels made here in the U.S., we are strengthening our energy independence, lowering costs for American families, creating new streams of income for agricultural producers and bringing good-paying jobs to people in rural communities.”

Secretary Vilsack made today’s announcement during his visit to the Iowa Renewable Fuels Summit in Altoona. Secretary Vilsack was awarded the Lifetime Champion of Renewable Fuels Award by the Iowa Renewable Fuels Association during the Summit.

Through this most recent tranche of awards, business owners are receiving $19 million to expand access to domestic biofuels in 22 states and strengthen America’s energy independence. For example:

·     Casey’s will use a $5 million grant to install ethanol blend fuel dispensers at 111 fueling stations in Iowa, Illinois, Minnesota, Nebraska and South Dakota. Using these investments, the company aims to increase the amount of biofuels it supplies by 50 million gallons a year.

The full list of states to receive funding is: Arizona, California, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Maryland, Michigan, Minnesota, Missouri, Nebraska, Nevada, New Mexico, North Carolina, Ohio, Oklahoma, South Dakota, Texas and Wisconsin.

(Radio Iowa) – Governor Kim Reynolds says Iowa officials need to close a loophole that could let foreign interests town Iowa farmland.  “We absolutely cannot let foreign governments undermine the agricultural dominance our farmers have worked so hard to build,” Reynolds said. Reynolds is calling on the Iowa Secretary of State’s office to review land purchase documents, to see if foreign governments or individuals are involved in U-S based companies or trusts that have purchased farmland. “Fortunately, I’m proud to say that Iowa already has some of the strongest laws in the country on foreign ownership of land,” Reynolds said. “In fact, we’ve seen other states look to us for a model for their own policies, but as China’s our laws should, too.”

Under current law, foreigners may own now more than 320 acres of Iowa farmland. Reynolds has proposed a bill that calls on the Iowa Secretary of State to compile a public report to show the extent of foreign ownership of farmland in Iowa.  “With this bill, Iowa will continue to lead the nation and keep American soil in American hands,” Reynolds said.

Reynolds made her comments this (Thursday) morning at the Iowa Renewable Fuels Summit. G-O-P presidential candidates Ron DeSantis and Nikki Haley are speaking to the group, too.