The fuel is normally banned from sale in the summer to combat smog. Trump also allowed summer sales of the 15-percent ethanol blend in 2019 after U.S. farmers were hurt by his trade war with China.
President Biden will announce Tuesday that his administration will temporarily allow E15 gasoline — gasoline that uses a 15% ethanol blend that is typically banned from sale from June to September — to be sold this summer, a measure intended to help ease gas prices on a day whenThe president is scheduled to visit an ethanol plant in the small town of Menlo on Tuesday, about 50 miles west of Des Moines, Iowa.
In contrast to E10, which makes up the bulk of gasoline sold in the United States, the sale of E15 is typically banned during the summer under the Clean Air Act because of air pollution concerns.Gas prices have risen dramatically in the last few months, reaching a national average price of $4.11 a gallon as of Monday, according to AAA. Though that's down somewhat from last month's high, it is still a considerable jump from this time last year when prices were just $2.86 a gallon.
Analysts attribute much of that increase to turbulent oil markets in the wake of Russia's invasion of Ukraine. While the U.S. does not import much oil from Russia — and has now banned its import — it is a major global supplier. "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," the White House said in a statement."The Administration's strategy to spur the development of homegrown biofuels is critical to expanding Americans' options for affordable fuel in the short-term and to building real energy independence in the long-term by reducing our reliance on fossil fuels.
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