The Biden administration is temporarily lifting seasonal restrictions on the sale of higher blends of ethanol in petrol, in the White House’s latest effort to drive down prices at the pump.
President Joe Biden will announce during a trip to Iowa on Tuesday that the Environmental Protection Agency will issue a national emergency waiver to allow E15 gasoline — petrol containing up to 15 per cent ethanol, higher than the standard 10 per cent — to be sold across the US this summer.
Senior administration officials said that at current prices, using E15 could save motorists 10 cents a gallon on average.
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