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USDA sends biofuel infrastructure projects worth $ 537 million


The US Agricultural Department (USDA) is funded by $ 537 million via a higher mixed infrastructure Promotion Program (HBIIP) for the American biofuel infrastructure.

USDA said that these HBIIP funds are released for more than 540 projects among 29 countries.

HBIIP “trying to expand its production” Local boyians “ For BAITs, E15, E85 and B20, install stations, pumps, storage containers and other necessary infrastructure, other necessary infrastructure needed to offer biosmore choices in the pump. The program is up to 2020.

Foreign kick from the US Department of Agriculture in Washington.

(J. David Ake / Getty Images / File)

USDA also said HBIIP grants American farmers The rocky trading experiments create energy supply, jobs and support economic growth in rural communities. ”

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New projects that are confirmed after the President Donald Trump In January, the office took place in JanDA, and some of the $ 537 million grants for USDA.

“President Trump, especially America, will increase our loyalty to farmers and small enterprises.

On the President Donald Trump table

President Donald Trump. (Through Jabin Botsford / Washington Post Getty Images / File)

“We appreciate the importance of @Hhanol and infrastructure investment grants to advance with infrastructure investment grants, including the # E15 and # E85, with @potus and @usda @Secrollings #ethanol.

USDA also said that the release of the financial release was established by opening the place where the American energy executive decision was signed in the opening day.

Biodizel storage tanks Greenwood, USA, 21, 2021, 2021, 2021, leading advances for the leading grain for the landbean oil, grain and fat market, caused interest in the investor's market. Photographer: via Rory Doyle / Bloomberg through Getty Images

Biodiesel storage tanks, on March 21, 2021, Mississippi, Mississippi, Mississippi is seen in the road processing plant. (Getty Images via Yargy Doyle / Bloomberg)

Phil Flynn, Price Futures Group General Market Analyst and Fox Work Contribution Fox’s work The USDA did not think that the movement does not think that “it will have a great impact on domestic energy production and” that we need everything to satisfy the demand and we need the above energy policy and we need the above energy policy. “

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“The world has changed and in energy space, as in oil and gas, they do not see Biopuels as direct competition and have found ways to work together in a more complex energy world,” he said.

He “needs oil for planting and reaping” and the demand and growth of global oil to sow and reap the demand and growth of global oil. ”

According to Flynn, the newly declared HBIIP funds can increase the production of local biosia.

In March, the Energy Information Management (EIA) will cost $ 1.05 million barrels of fuel oil in 2025. The average day for biodiesel was 100,000 barrels per day.

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According to the EIA, the fuel Ethanol blend will be 930,000 barrels a day this year.

Flynn said, “said that the next year will increase by 10%.”

According to the EIA in 2024, the consumption of all kinds of biofuels in 2024 was 1.31 million barrels per day.



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