Beyond the farm, the economic impact is staggering. Full E15 adoption would add $25.8 billion to the US GDP and support an additional 128,000 full time jobs. Beyond the economic and agricultural benefits, HR 1346 provides essential regulatory and market certainty. It enhances fuel supply chain stability and improves certainty for the entire fuel industry by eliminating unfair advantages for some refineries over others. By reforming the small refinery exemption process, this bill helps the Environmental Protection Agency set renewable fuel standard annual volumes in a timely, transparent and fair manner. (48:28–48:46)
CLAIM
Asserts that HR 1346 enhances fuel industry stability and fairness.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
