Biden Proposes Higher-Ethanol Gasoline Sales To Lower Pain At The Pump ...Middle East

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Biden Proposes Higher-Ethanol Gasoline Sales To Lower Pain At The Pump
source : OILPRICE ( Middle East ) () 24
President Biden is set to unveil plans for the sales of higher ethanol content gasoline during the summer in an attempt to restrain the price rise at the pump, Reuters has reported. According to unnamed sources from the administration, the increased availability of 15-percent blended gasoline—known as E15—should provide some relief to American drivers during the summer season, when demand for fuels normally peaks. The gasoline with higher ethanol content is cheaper than lower-content fuels, according to the report, but it also has lower…

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