"Biden Administration to Greenlight Year-Round E15 Gasoline Sales by 2025, Despite Potential Price Spike Delay"

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Source: Reuters
"Biden Administration to Greenlight Year-Round E15 Gasoline Sales by 2025, Despite Potential Price Spike Delay"
Photo: Reuters
TL;DR Summary

The Biden administration is set to approve a request from Midwest governors to allow year-round sales of E15 gasoline, containing 15% ethanol, starting in 2025, a year later than initially proposed. This decision, likely influenced by the upcoming U.S. election, aims to address concerns from both the biofuel and oil industries. The move is controversial, with ethanol groups preferring a nationwide legislative fix, while oil refiners warn of logistical complications and fuel supply risks.

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