As gas prices continue to rise, President Biden plans to waive the ban on high ethanol alternatives through the summer months.
This step will help to lower the price of gas for Americans once the ban on E15 gas sales are lifted.
It’s banned due to its high concentration of ethanol.
Gas prices were already rising, but continue as sanctions are put onto Russia amid the Russian and Ukraine conflict.
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What is E15 gas and why was it banned?
E15 gas gas a blend of 15% ethanol.
It was found to be linked with air quality issues and is therefore banned in the summer when the need for energy is lower.
That ban was reversed under President Donald Trump in 2019 but was reversed in 2021.
This is a short term resolution to a much larger issue at hand.
Other government efforts to curb gas prices for Americans
In addition to lifting the ban, President Biden has done other things.
In March it was announced one million barrels of oil would be released from the reserve each day.
There are 568 million barrels in the U.S. reserve.
This attempt has appeared to help.
After reaching a national average of $4.33, that has dropped to $4.09.
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