Choices at the gas pump including ethanol or no ethanol gas are seen in Des Moines, Iowa, U.S., January 29, 2020. (REUTERS/Brian Snyder)

- The Trump administration approved emergency summer sales of E15 gasoline, aiming to lower fuel prices and boost American corn demand.
- A nationwide waiver allows summer E15 sales, benefiting biofuel producers and corn farmers while aiming to ease summer gas costs.
- Facing global energy pressures, the EPA grants an emergency waiver to expand E15 gasoline sales nationwide during the U.S. driving season.
Share
Getting your Trinity Audio player ready...
|
NEW YORK (Reuters) – The Trump administration on Monday issued an emergency waiver to allow the sale of a higher-ethanol gasoline blend to be sold this summer nationwide, saying it will add to fuel supply during the peak U.S. driving season and bring down costs.
The move likely will benefit biofuel producers and corn farmers, as it is expected to expand the market for their products. Both industries have pushed for nationwide year-round sales of the higher-ethanol blend, which is called E15, as it is made up of 15% ethanol.
“This move to allow the summer sale of E15 will provide immediate relief to consumers, provide more choices at the pump, and drive demand for corn grown, processed, and used right here in America,” U.S. Secretary of Agriculture Brooke Rollins said.
The government currently restricts sales of E15 gasoline in summer months due to environmental concerns over smog, which the biofuel industry says are unfounded.
The emergency waiver will go into effect on May 1. The Environmental Protection Agency, which issued the waiver, said it expects to extend the waiver until it no longer deems it necessary. The EPA has issued similar waivers for the summer in recent years.
“With geopolitical conflict roiling energy markets worldwide, we applaud President Trump and Administrator (Lee) Zeldin for acting quickly to combat potential fuel shortages and help keep a lid on gas prices this summer,” said Geoff Cooper, president of the Renewable Fuels Association, a biofuels trade group.
Earlier this year, the EPA said it would uphold an April 28 implementation date for a request from governors in Midwestern states to allow year-round sales of E15.
In Monday’s action, the EPA said it waived provisions that would have otherwise made E10 gasoline sold in the states of Illinois, Iowa, Minnesota, Missouri, Nebraska, South Dakota and Wisconsin meet a more stringent standard than conventional gasoline in other areas of the country.
—
(Reporting by Stephanie Kelly; Editing by Alistair Bell)
RELATED TOPICS:
Former US Army Soldier Pleads Guilty in Phone Company Hacking, Extortion Case
15 hours ago
Fresno City Attorney Briefly Ineligible to Practice Law, Cites State Bar Error
15 hours ago
Grass Fire East of Sanger Contained at 21 Acres, CalFire Says
15 hours ago
Age Is Just a Number: 80-Year-Old Conquers Death Valley to Mt. Whitney Ultramarathon
15 hours ago
What to Know About the Epstein Files, a Perfect Recipe for Conspiracy Theories
15 hours ago
Mexico Pledges Action Should US Talks Fail by August Tariff Deadline
15 hours ago
Fresno Police Arrest Armed Man Found Asleep in Car
16 hours ago
Madera County Authorities Seeks Help Finding Missing Bass Lake Man
17 hours ago

Fresno Man Found Dead After Hike Near Courtright Reservoir

Former US Army Soldier Pleads Guilty in Phone Company Hacking, Extortion Case

Fresno City Attorney Briefly Ineligible to Practice Law, Cites State Bar Error

Grass Fire East of Sanger Contained at 21 Acres, CalFire Says

Age Is Just a Number: 80-Year-Old Conquers Death Valley to Mt. Whitney Ultramarathon

What to Know About the Epstein Files, a Perfect Recipe for Conspiracy Theories
