Trump Administration Eases Gas Rules to Lower Prices
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Trump Administration Eases Summer Gasoline Rules to Combat Rising Prices
The Trump administration has announced an emergency waiver, allowing refiners to sell E15 gasoline, blended with 15% ethanol, during the summer months. This move aims to increase supply and provide more affordable options at the pump, as prices approach $4 per gallon due to the war in Iran. The waiver, effective May 1st to May 20th, replaces the usual switch to pricier summer blends starting June 1st. The administration has also tapped the Strategic Petroleum Reserve, waived the Jones Act, and eased Russian oil sanctions. The agency will monitor supplies closely and extend the waivers if necessary to stabilize prices throughout the summer.
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