President Biden might cut back costs on the pump by unleashing the U.S. oil and gasoline business. As an alternative he’s borrowing a trick from Donald Trump: Boosting Massive Ethanol.
In Iowa on Tuesday, Mr. Biden introduced an environmental waiver to permit gross sales of 15% ethanol gasoline blends (E15) this summer time. The Clear Air Act prohibits this as a result of greater ethanol blends can enhance smog in sizzling climate. They’ll additionally erode older automotive engines, gasoline pumps, storage tanks and pipelines.
