The Biden administration is planning to begin year-round sales of E15, or unleaded 88, in 2024. OilPrice.com says the Environmental Protection Agency feels the move will help reduce the retail price of fuel.
Eight Midwestern states originally asked the EPA for waivers to provide E15 fuel this summer. EPA chief Michael Regan says the agency studied if they could make the change this year but decided there wasn’t enough time to allow for final adequate rule-making.
Regan told the House Agriculture Committee that the agency will look into issuing temporary emergency waivers to allow sales of E15 this summer.
The EPA proposed a rule in March that would allow year-round sales of E15 beginning in 2024.
“There would be a significant disruption to consumer pricing and the like if we moved too quickly in 2023,” Regan says. “We are confident year-round E15 sales will be ready to go in 2024.”