USDA TO PROVIDE $100 MILLION IN HIGHER BLEND INFRASTRUCTURE GRANTS TO MARKETERS

The USDA announced this week it will provide new funding under the Higher Blend Infrastructure Program (HBIP) to help gasoline retailers and distributors to upgrade infrastructure for the distribution of higher blends of ethanol and biodiesel.

The USDA is making $100 million in new HBIP grants available to energy marketers nationwide. The funding will provide grants to refueling and distribution facilities for the cost of installation, retrofitting or otherwise upgrading of infrastructure required at a location to ensure the environmentally safe availability of fuel containing ethanol blends of E15 and greater or fuel containing biodiesel blends B-20 and greater. The new grants will benefit both motor fuel and heating oil marketers. Details on the timing and application process for obtaining HBIP funding is still being worked out by the USDA. EMA expects these details will be released shortly. EMA will monitor developments closely and report back as soon as the application process is available.