REDUCED GAS PRICES
Numerous studies show use of ethanol has reduced gas prices by more than $1 per gallon, which is the equivalent to $1,200 annually for the average American household.
Ethanol use reduces greenhouse gas emissions by 43 percent.
The 16.1 billion gallons of ethanol used in the United States in 2018 displaced 594 million barrels of imported oil. In addition, use of domestic ethanol in 2018 decreased dependence on foreign oil by six percent – from 20 to 14 percent.
In 2018, the nation’s ethanol industry produced 41.3 million metric tons (mmt) of distillers grains, gluten feed and gluten meal. This would be enough feed to produce nearly 50 billion quarter-pound hamburger patties – or seven patties for every person on the planet. Approximately 12.1 mmt were exported in 2018 with Mexico (17 percent) being the top export market. The industry also produced 4 billion pounds of corn distillers oil, used as a feed ingredient or biodiesel feed stock.
Natural gas and electricity use at ethanol plants has decreased nearly 40 percent since 1995, while consumptive water use has been cut in half. This is while ethanol yields increased by more than 15 percent. In addition, one unit of energy invested in making ethanol yields up to 2.3 units of energy available to the consumer.
The number of gas stations offering flex fuels (E20-E85) hit 4,500 stations in 2018. The USDA’s Biofuels Infrastructure Partnership program and ethanol industry initiatives, such as Prime the Pump, made E15 available at nearly 1,800 stations in 30 states, which is four times the number two years ago. More than 93 percent of 2019 light-duty vehicles are approved by the manufactures to use E15.
The United States ethanol industry added $46 billion to the Gross Domestic Product in 2018. It also contributed $10 billion in additional tax revenue for federal, state and local governments and added $25 billion in household income.
The nation’s ethanol industry supports more than 365,800 jobs in all sectors of the economy.
RURAL ECONOMIC DEVELOPMENT
Each plant contributes to the local economy by providing jobs at above average wages and an additional market for locally grown corn. In 2018, a typical dry mill ethanol plant added nearly $2 of additional value, or 55 percent, to every bushel of corn processed.
In 2018, a record 16.1 billion gallons of ethanol was produced at 210 plants in 27 states. This is up from the previous record of 15.8 in 2017.
Ethanol is blended with approximately 97 percent of the nation’s gasoline supply. The ethanol used in 2018 accounts for about 10 percent of the nation’s motor fuel supply, up from less than 1 percent 20 years ago. In addition, a record of 1.6 billion gallons (roughly 10% of production) was exported in 2018. Brazil (30 percent) and Canada (21 percent) make up more than 50 percent of all shipments.
The nation’s ethanol industry used 5.6 billion bushels of corn produced in the United States in 2018 for ethanol and co-product production, which includes 41.3 million metric tons of high-quality livestock feed. When this is factored back into the corn supply, the true measure of ethanol’s corn use is 29 percent of the total supply.
RENEWABLE FUELS STANDARD
The Renewable Fuels Standard requires 36 billion gallons of renewable fuels to be used annually by 2022. This includes 15 billion gallons of corn-based ethanol and 21 billion gallons of additional fuels created from biomass and cellulosic feedstock.