The Biden administration is taking action to ensure American consumers have uninterrupted access this summer to gasoline containing 15 percent ethanol (E15).
To make E15 available in the summer, the Environmental Protection Agency (EPA) is planning to issue a national, emergency waiver. Without this action, E15 cannot be used in most of the country from June 1st to September 15th, and the EPA plans to take final action to issue the emergency waiver closer to June 1st. E15 is currently offered at 2,300 gas stations in the country, where it can serve as an important—and more affordable—source of fuel.
President Biden is visiting the POET Bioprocessing facility in Menlo, Iowa today to formally announce the plan, along with other actions meant to stimulate increased domestic production and use of low-carbon renewable fuels. Industry leaders including Renewable Fuels Association president and CEO Geoff Cooper will be on hand to participate in the event which is scheduled to take place at 2:45 central time today.
“We applaud President Biden and his administration for recognizing that low-cost, low-carbon ethanol should be given a fair opportunity to strengthen our energy security and reduce record-high pump prices,” Cooper said. “Giving fuel retailers the freedom to offer E15 this summer will not only result in lower fuel prices for hardworking Americans, but it will also cut greenhouse gas emissions and reduce tailpipe pollution linked to cancer, heart disease, respiratory illnesses, and other health concerns.”
At current prices, E15 can save a family 10 cents per gallon of gas on average, and many stores sell E15 at an even greater discount.