President Biden could lower prices at the pump by unleashing the US oil and gas industry. Instead, he borrows a trick from Donald Trump: Boosting Big Ethanol.
Mr. Biden announced an environmental waiver in Iowa on Tuesday to allow gasoline blends containing 15% ethanol (E15) to be sold this summer. The Clean Air Act prohibits this because higher ethanol blends can increase smog in hot weather. They can also erode older car engines, gas pumps, storage tanks, and plumbing.
https://www.wsj.com/articles/joe-bidens-ethanol-gas-price-trick-oil-white-house-e15-11649795265 Biden’s ethanol gas price trick