Monday, January 24, 2022
More

    Latest Posts

    EPA Cuts Ethanol Requirement for Gasoline

    A motorist fills up at San Francisco last month.



    Photo:

    Noah Berger/Associated Press

    WASHINGTON — The Environmental Protection Agency proposed reducing the amount of ethanol and other biofuels that must be blended into gasoline this year and retroactively lowered last year’s target—a win for refiners who warned that raising the requirement would lift prices at the pump.

    The decision comes as the price of ethanol, the most-dominant biofuel, has risen to its highest level in a decade. While U.S. gas prices are driven by the price of crude oil, refiners say ethanol prices have contributed to higher prices at the pump, even though gasoline has dipped from recent highs.

    Write to Katy Stech Ferek at katherine.stech@wsj.com

    Copyright ©2021 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

    EPA Cuts Ethanol Requirement for Gasoline Source link EPA Cuts Ethanol Requirement for Gasoline

    The post EPA Cuts Ethanol Requirement for Gasoline appeared first on Eminetra.

    Latest Posts

    Don't Miss

    Stay in touch

    To be updated with all the latest news, offers and special announcements.