Sunday, July 14, 2024

Biden waiving ethanol rule in bid to lower gasoline prices

Photo by David B. Strickland Prices available at a gasoline station in Gainesville, Ga., on April 12. President Biden on April 12 announced he is suspending the federal rule preventing sale of higher ethanol blend gasoline during the summer. The EPA is to issue an emergency waiver allowing the sale of 15 percent ethanol blend, which is usually prohibited from June 1 to Sept. 15.

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The Associated Press

WASHINGTON — President Joe Biden visited corn-rich Iowa on April 12 and announced he'll suspend a federal rule preventing the sale of higher ethanol blend gasoline this summer, as his administration tries to tamp down prices at the pump that have spiked during Russia’s war with Ukraine.

Most gasoline sold in the U.S. is blended with 10 percent ethanol. The U.S. Environmental Protection Agency will issue an emergency waiver to allow widespread sale of 15 percent ethanol blend that is usually prohibited between June 1 and Sept. 15 because of concerns that it. . .

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