Biden administration to move Midwest ethanol-blended gasoline rule this week – sources | – #Biden #administration #move #Midwest #ethanolblended #gasoline #rule #week #sources
February 28 (Reuters) – Biden on Wednesday of his administration USAwith a higher ethanol blend in some Midwestern states of gasoline is expected to recommend for approval a rule allowing the expansion of sales, at the request of the governors of those states, four familiar sources. said on Tuesday with the issue.
The approved regulations are not expected to take effect until the summer of 2024, sources said.
The rule would be a win for the ethanol industry, which has been trying for years to expand sales of a product called E15, which contains 15% ethanol, and the farm industry, since ethanol is made from corn.
According to sources, USA The Environmental Protection Agency is expected to seek a public comment period on the rule.
April In May, the governors of major corn-producing Midwestern states, including Iowa, Nebraska and Illinois, demanded that the EPA effectively lift the ban in their states.
USA Michael Regan, the head of the Environmental Protection Agency, said in September that the agency intends to comply with the request before next summer.
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The White House and EPA did not respond to a request for comment.
Governors say expanding E15 supplies would ease pump prices and help farmers, but critics of the idea, including those in the refining industry, have raised concerns that a piecemeal approach to increasing E15 sales could create distribution problems.
The refining industry has traditionally balked at efforts to expand the market for ethanol because it competes with gasoline at the pump and can be expensive to blend.
The EPA is imposing a summer ban on E15 because it contributes to smog in hot weather, even though studies have shown that the E15 blend does not increase smog year-round compared to the more commonly sold E10. E10 10Contains % ethanol.
President Joe Biden, historically high gasoline ban last summer to lower prices cancellation did
Reporting by Jarrett Renshaw and Stephanie Kelly; Edited by Tom Hogue and Sonali Paul
Our standards: Thomson Reuters Trust Principles.
Stephanie Kelly
2023-03-01 05:32:44
Source – reuters
Translation“24 HOURS”