Biden To Allow Summer Sale of E15 Gas , To Help Fuel Prices.
Reuters reports that on April 12, President Biden will announce plans to prolong the availability of E15 gas.
Reuters reports that on April 12, President Biden will announce plans to prolong the availability of E15 gas.
The move is intended to tame surging fuel costs and decrease reliance on foreign energy sources.
The move is intended to tame surging fuel costs and decrease reliance on foreign energy sources.
E15, which uses a 15% ethanol blend, would be available from June 1 to Sept.
15.
According to senior administration officials, this action should help lower fuel costs even though E15 is only about 10 cents cheaper and consumers need to buy more of it since it's less "energy dense.".
Those savings can add up, especially during the summer months, when fuel is elevated and as the supply emergency caused by [Russian President Vladimir] Putin's aggression continues, Senior administration official, via Reuters.
In order for the change to take effect, the Environmental Protection Agency (EPA) will issue a national emergency waiver as June approaches.
The EPA is also reportedly considering further action to allow E15 to be used year-round.
In another attempt to calm gas prices, Biden announced last month the U.S. would sell 180 million barrels of crude oil from the nation's stockpile starting in May
