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Mr. FEENSTRA. Mr. Speaker, I thank the gentlewoman for yielding me time.
Mr. Speaker, I rise today in strong support of E15 year-round. This will lower gas prices. At a time when we need to help the family budget, today, we are doing something about it. Today, the Republicans are actually doing something to lower the gas prices for everyone in this great country.
I represent the Nation's largest agricultural district, and there is a reason why Iowa farmers and families are so passionate about this issue. It will expand the market for farmers. It will secure energy independence. It will lower the gas prices for all of our families.
Gridlock in D.C. has prevented the passage of E15 for over a decade. Today, we are finally taking action.
Trump called on Congress to get year-round E15 passed and to his desk when he was in Iowa earlier this year. I agree with President Trump that our farmers, our families, and our rural communities deserve this victory.
At the beginning of this year, I was appointed as co-chair of the E15 Rural Domestic Energy Council to find a solution, and that is what we have. From farmers to energy producers to fuel retailers to equipment dealers, support of year-round E15 spans all sectors of our economy.
In Iowa, the option to buy E15 means lower gas prices by up to 40 cents per gallon. It drives nationwide savings of about $20 billion. It will boost corn demand by 2.4 billion bushels and increase farm income by $14 million.
E15 is truly a game changer for our State, and we want to see these benefits shared across the country. After months of negotiation and listening to the voices of all stakeholders, it is time to get this bill passed.
Mr. Speaker, I ask all of my colleagues to support E15 and lower gas prices for all families, small businesses, and the agricultural community. That is what this bill will do.
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