Biden to allow higher ethanol fuel blend this summer in bid to lower gas prices

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Biden to allow higher ethanol fuel blend this summer in bid to lower gas prices
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President Biden is visiting corn-rich Iowa to announce he’ll suspend a federal rule preventing the sale of higher ethanol blend gasoline in the summer.

Most gasoline sold in the U.S. is blended with 10% ethanol. The Environmental Protection Agency will issue an emergency waiver to allow widespread sale of 15% ethanol blend that is usually prohibited between June 1 and Sept. 15 because of concerns that it adds to smog in high temperatures.

FILE - President Joe Biden meets virtually with Narendra Modi, India's prime minister, in the Oval Office of the White House in Washington, D.C., on Monday, April 11, 2022. Photographer: Chris Kleponis/CNP/Bloomberg via Getty Images "Homegrown Iowa biofuels provide a quick and clean solution for lowering prices at the pump and bolstering production would help us become energy independent once again,″ said Iowa Republican Sen. Chuck Grassley. He was among nine Republican and seven Democratic senators from Midwestern states who sent Biden a letter last month urging him to allow year-round E15 sales.

Biden heads back to the state at a moment when he's facing yet more political peril. He's saddled with sagging approval ratings and inflation at a 40-year high while his party faces the prospect of big midterm election losses that could cost it control of Congress.The president also planned to promote his economic plans to help rural families struggling with higher costs, while highlighting the $1 trillion bipartisan infrastructure law enacted last fall.

The Biden administration plans to spend the coming weeks pushing billions of dollars in funding for rural areas. Cabinet members and other senior officials will travel the country to help communities get access to money available as part of the infrastructure package.

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