APRIL 12, 2022, AFTERNOON UPDATE:
WASHINGTON (AP) — President Joe Biden says his administration will suspend a federal rule that bars higher levels of ethanol in gasoline during the summer. The move is intended 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% ethanol. At Biden’s direction, the Environmental Protection Agency will issue an emergency waiver to allow widespread sale of 15% ethanol blend that is usually prohibited between June 1 and Sept. 15, 2022, because of concerns that it adds to smog in high temperatures. Officials said the move would save drivers up to 10 cents per gallon at 2,300 gas stations that sell E15, as the high-blend ethanol is known.
APRIL 12, 2022:
WASHINGTON (AP) — President Joe Biden is visiting corn-rich Iowa to announce he’ll suspend a federal rule preventing the sale of higher ethanol blend gasoline in the summer. Biden’s administration is intensifying its efforts 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% ethanol. The Environmental Protection Agency will issue an emergency waiver to allow widespread sale of 15% ethanol blend that’s usually prohibited between June 1 and Sept. 15 because of concerns it adds to smog in high temperatures. The Biden administration says the move will save drivers an average of 10 cents per gallon at 2,300 gas stations.
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