US Authorizes Early Winter Gasoline Sales to Lower Fuel Costs
· Business · Bloomberg, Reuters
The Trump administration is authorizing an early transition to wintertime gasoline blends in an effort to blunt fuel costs and address supply concerns. The Environmental Protection Agency announced on Thursday that it is relaxing normal summertime gasoline requirements. This regulatory shift allows the use of a dirtier-burning wintertime fuel blend ahead of the standard mid-September schedule. The policy change is a direct response to market pressures and supply worries stoked by the ongoing war in Iran.
Why it matters
Motorists across the US will experience altered fuel standards as authorities attempt to lower pump prices amid energy market volatility.
Read the original report — Bloomberg
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