Joe Biden allows ethanol blend with gas to lower 'Putin's price hike', inflation

President Joe Biden has announced he’s expanding the availability of biofuels in a bid to lower high gas prices he’s blamed on Russian President Vladimir Putin’s war on Ukraine.

Visiting an ethanol plant in a small Iowa town on Tuesday, Biden said his administration will waive rules that restrict blending ethanol with gasoline. The Environmental Protection Agency will allow E15 gas, which has 15% ethanol, at pumps this summer in a bid to cut the US’s reliance on energy sources abroad.

‘You’re going to be able to keep filling up with E15,’ Biden said, from Menlo, Iowa. ‘It’s not going to solve all our problems. But it’s going to help some people.’

E15 can cost on average 10 cents less per gallon at 2,300 gas stations where it’s available for purchase, the White House stated. It represents a small fraction of the 145,000 gas stations across the US.

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