With the threat of Iran potentially closing the Strait of Hormuz in the ongoing conflict with Israel, the head of the Renewable Fuels Association asked President Donald Trump to make regulatory changes to allow more E15 to be sold across the U.S.
About 20% of the world's oil moves through the Strait of Hormuz so closing it can affect oil supply and prices. The ethanol industry continues to push for a legislative fix to allow permanent, year-round E15 sales nationally.
In a letter to Trump on Tuesday, RFA president and CEO Geoff Cooper asked the administration to take several deregulatory steps to allow E15 to be stored and distributed in existing pumps.
"Last year, you confirmed that your vision is to let fueling stations 'use the existing pumps' to distribute E15," Cooper said in the letter. "We wholeheartedly support that vision and believe now is the time to act, given the potential for price spikes at the pump."
Cooper asked Trump to "immediately eliminate" all E15 misfuelling mitigation plan requirements and to adopt a requirement that retail gasoline stations offering E15 for sale must also continue to make E0 or E10 available in at least one "clearly marked" dispenser at stations.
Full story Trump Urged to Expand E15 Sales Amid Iran's Threat to Close Strait of Hormuz
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