A new nationwide survey indicates Americans see the potential for ethanol to help lower gas prices at the pump, with the national average running above $4 per gallon.
The survey conducted by Morning Consult found that 72 percent of American voters support expanding the availability of E15 as a way to replace petroleum imports from Russia, and more than 80 percent support increasing domestic renewable fuel production as a way to lower record-high gas prices.
Renewable Fuels Association President and CEO Geoff Cooper notes that ethanol prices have been nearly $1 per gallon lower than gasoline prices at wholesale terminals where gasoline is blended which brings down the price of the fuel sold to consumers at the pump. If E15 replaced just 30 percent of the E10 currently being sold in the United States, the nation could entirely replace the amount of gasoline supplied annually from Russian petroleum imports.
Voters also expressed support for increasing the production of flex-fuel vehicles (FFVs), which can run on fuel containing up to 85 percent ethanol (E85), with 69 percent saying it is important for the U.S. government to incentivize automakers to increase FFV output. Finally, the Morning Consult survey showed that two-thirds of voters support the Renewable Fuel Standard, which requires renewable fuels to comprise an increasing share of the nation’s fuel supply each year.