The Biden administration on Friday issued an emergency fuel waiver allowing E15 gasoline—gasoline that uses a 15% ethanol blend—to be sold in the United States this summer in an effort to expand Americans’ access to affordable fuel supply amid the surge in gas prices across the nation.
U.S. Oil and Gas Association President Tim Stewart tells ‘Cavuto Live’ that the Biden administration’s energy policies will increase the oil crisis.The Biden administration on Friday issued an emergency fuel waiver allowing E15 gasoline — fuel that uses a 15% ethanol blend — to be sold in the United States this summer in an effort to expand Americans’ access to affordable fuel supply amid the surge in gas prices across the nation.
"The president is committed to doing everything he can to address the pain Americans are feeling at the pump as a result of Putin’s Price Hike and his unjustified war’s impact one global fuel supply," White House press secretary Jen Psaki said Friday, calling the waiver a"critical step to address the fuel supply crisis."
E15 is currently offered at 2,300 gas stations in the country, where administration officials say it can serve as an"important and more affordable source of fuel." The White House said Friday, however, that this is"just one step the president is taking to address the fuel supply and give Americans relief from the Putin Price Hike."
Biden announced a ban on all imports of Russian oil, gas and energy to the United States, targeting the"main artery" of Russia's economy amid Russian President Vladimir Putin’s war on Ukraine. The White House also said Biden has put forward"concrete steps" to promote"real independence" from fossil fuels by working to accelerate the transition to clean energy.
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