The U.S. Department of Energy estimates for every one billion gallons of ethanol produced, 10,000 to 20,000 jobs are added to our domestic economy.
A recent Louisiana State Universitry study found ethanol reduces gas prices 78 cents a gallon -- a consumer savings of more than $100 billion annually.
Ethanol is helping our country with the toughest challenges it faces right now — without ignoring the big issues we're facing in the long term.
In 2014 alone, the ethanol industry created and supported nearly 400,000 new jobs across the country that cannot be exported or outsourced. In addition, ethanol production contributed nearly $53 billion to the nation’s GDP and generated $5.7 billion in federal tax revenues. Ethanol production also plays a critical role in revitalizing America’s rural areas — some of the hardest hit by the economic downturn — by stimulating economic growth.