The document discusses the benefits of biofuels such as ethanol and biodiesel. It notes that ethanol production in the US has significantly increased in recent years and is expected to nearly triple over the next decade according to the Renewable Fuel Standard. This standard mandates that over 40 billion gallons of renewable fuels be used annually by 2022. The growth of the biofuels industry provides benefits like increased energy security by reducing oil imports, environmental benefits from reducing emissions, and economic benefits by creating new jobs and income in rural areas. However, challenges still remain around issues like water usage and increased truck transportation needs.