US EditionTrump to ease smog rules on summer gasoline to bring down prices: Report
The EPA's emergency waiver allows summer sale of higher-ethanol blends like E15 to ease pump prices near $4 amid Iran conflict, effective May 1 to May 20.
- On Wednesday, the Trump administration announced it will temporarily lift federal smog-cutting restrictions on summer-blend gasoline to curb rising prices near $4 a gallon amid the Iran war.
- The war on Iran has disrupted global oil supply and sent crude prices above $100 a barrel, causing U.S. regular gasoline prices to climb above $3.97 and prompting intervention.
- EPA Administrator Zeldin said the agency is working to "reduce unnecessary costs and uncertainty" through summer. The emergency waiver takes effect May 1, allowing retailers to sell E15 and E10 blends.
- Retailers can now sell E15 and E10 gasoline throughout summer driving season to increase fuel supply and consumer choice. The EPA will monitor supplies and may extend waivers if circumstances warrant.
- The administration previously released 173 million barrels of oil from the Strategic Petroleum Reserve and waived the Jones Act to allow foreign ships to transport fuel between U.S. ports.
13 Articles
13 Articles
Trump May Waive Summer Gas Rules as Soon as Wednesday
According to two sources familiar with the matter, as soon as Wednesday, the Trump administration is expected to announce that it will temporarily lift federal smog-cutting restrictions on summer-blend gasoline to curb rising energy prices stemming from the war on Iran.
According to analysts, the step could reduce the price at the pumps by a few cents per litre.
Trump Administration to Temporarily Lift Summer Gasoline Restrictions - Houston Today
The Trump administration is expected to announce as soon as Wednesday that it will temporarily lift federal smog-cutting restrictions on summer-blend gasoline to curb rising energy prices stemming from the war on Iran, according to two sources familiar with the matter. The change could shave several cents per gallon off retail prices and provide relief to both consumers and refiners struggling with tight fuel supplies.
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