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The American Coalition for Ethanol (ACE) is rounding out its 2023 petroleum marketer trade show season at the ...

WASHINGTON (Reuters) - The U.S. Department of Agriculture will spend $450 million to expand the production and availability of transportation fuels that are blended with higher volumes of biofuels, the agency said on Monday.

The U.S. Department of Agriculture will spend $450 million to expand the production and availability of transportation fuels that are blended with higher volumes of biofuels, the agency said on Monday. The Biden administration sees the expanded use of lower-emission biofuels as critical to decarbonizing the transportation sector. The Environmental Protection Agency last week announced the highest-ever targets for a federal program that requires oil refiners to blend biofuels into the nation's fuel mix, though the targets were lower than the ethanol industry had expected.

The U.S. Department of Agriculture will spend $450 million to expand the production and availability of transportation fuels that are blended with higher volumes of biofuels, the agency said on Monday.

Local projects focus on replacement of eligible fuel pumps and tanks.