 Energy & Environment |
Energy & Environment |
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EPA OKs high-ethanol gas in the summer |
The Trump administration will allow high-ethanol gasoline to be sold this summer, lifting restrictions on the fuel that are typically in place to limit smog. |
© AP Photo/Stephen Groves, File |
While this year's announcement comes amid high prices due to the war in Iran, the Trump administration also made the same move last year. This type of gasoline, known as E15 given its ethanol content of up to 15 percent, is typically restricted in the summer because it evaporates easily in the heat, causing air pollution. The move comes as the average U.S. price of gasoline is about $3.98 per gallon, which is $1 per gallon higher than where it was a month ago because of supply disruptions the conflict has caused. The Iran war has effectively halted shipping through the Strait of Hormuz, through which about 20 percent of the world's oil typically flows. Trump administration officials described the move as part of an effort to bring down prices. "EPA is working with our federal partners to reduce unnecessary costs and uncertainty and ensure that gas prices remain affordable for all Americans through the summer," EPA Administrator Lee Zeldin said in a written statement. Analysts recently told The Hill, however, that the Trump administration's policy levers for bringing down prices are limited — and the only way to massively cut the price is to reopen the strait. Read more at TheHill.com. |
Welcome to The Hill's Energy & Environment newsletter, I'm Rachel Frazin — keeping you up to speed on the policies impacting everything from oil and gas to new supply chains. |
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| How policy will affect the energy and environment sectors now and in the future: |
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The average price of gasoline in the U.S. is now a dollar higher than it was in the days before the war with Iran. |
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Agriculture Secretary Brooke Rollins said Wednesday that increased fertilizer prices amid the war with Iran will not impact the majority of U.S. farmers. |
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President Trump late Tuesday extended the work of a council that is supposed to recommend changes at the Federal Emergency Management Agency (FEMA), an agency that has long been in the administration's crosshairs. |
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News we've flagged from other outlets touching on energy issues, the environment and other topics: |
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Upcoming news themes and events we're watching: |
- The House Natural Resources Committee will hold a hearing on a series of bills
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Two key stories on The Hill right now: |
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U.S. military chaplains will no longer wear their rank insignia, instead displaying insignia that reflects their religious affiliation, Defense Secretary Pete Hegseth announced as part of two major changes to the group. Read more |
| Iran offered a counterproposal Wednesday to end the war in the region after rejecting a ceasefire plan backed by the Trump administration. Read more |
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You're all caught up. See you tomorrow! |
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