Iowa Republican U.S. Rep. Ashley Hinson talked inflation, transportation and drug costs with small business owners during a stop in Vinton on Monday.
Articles Tagged: biofuels
Federal Government Jun. 2, 2022 4:57 pm
The Biden administration is set this week to finalize biofuel-blending mandates that largely track plans it already proposed in December, according to several people familiar with the matter.
The Iowa Senate’s tax policy committee Monday approved Gov. Kim Reynolds’ proposal after making some changes, including the addition of another way for small gas stations to receive an exemption from the proposed requirements and financial assistance for potential equipment upgrades.
The Biden administration announced Tuesday that the Environmental Protection Agency will issue an emergency action that will make the E15 blend of ethanol available through this summer. The action will cite the strain on the nation’s fuel supply caused by the Russian military’s invasion of Ukraine.
In Iowa, the average gas price Thursday was $3.924, but topped $4 in many rural areas according to AAA. However, Iowa lawmakers say they’ve heard little talk of suspending state motor fuel taxes -- 30 cents a gallon state tax on gas and ethanol, and 32.5 on diesel fuel.