"Ethanol Policy Changes: Impact on Gas Prices and Aviation Industry"

The Biden administration is expected to ease seasonal restrictions on ethanol-gasoline blends, known as E15 gasoline, after the 2024 election, following a request from midwestern governors. This rule change could potentially spike gas prices, particularly in battleground states with large corn industries, but the administration aims to avoid the impact on the 2024 election. Top oil refiners have warned against the change, citing logistical complications and increased price risks, while the ethanol industry has lobbied for the expansion. The new rule change would only affect midwestern states, but there are calls for a country-wide expansion to mitigate refiners' concerns about area shortages.