California gas prices see EPA intervention in emergency move targeting supply

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GeneralNews Info Wire3 min read
California gas prices see EPA intervention in emergency move targeting supply

See more of our coverage in your search results. Add The California Post on Google.

Article outline

  1. What happened
  2. Background
  3. The key numbers
  4. The details
  5. A closer look
  6. The bottom line

Key points

  • When the EPA will allow the sale of E10 gasoline – fuel containing 10% ethanol – at a higher volatility level than normally permitted during the summer, 1.
  • "Increasing the supply of gasoline means lower prices for American families, " Energy Secretary Chris Wright remarked.
  • EPA Administrator Lee Zeldin similarly remarked the administration is using the waivers to "increase supply and lower gas prices for all Americans."
  • The EPA is additionally temporarily waiving certain state-level gasoline controls in California that extend beyond Sept.
  • The waivers can last for up to 20 days, with the agency saying it could extend them again.

California drivers could shortly secure a little relief as the Trump administration moves to pump the market with more gasoline.

In practice, the Environmental Protection Agency confirmed Thursday that it is issuing an emergency fuel waiver designed to rise the domestic gasoline supply by hundreds of thousands of barrels per day and bring down rates for Golden State motorists.

In practice, the change takes effect Sept. When the EPA will allow the sale of E10 gasoline – fuel containing 10% ethanol – at a higher volatility level than normally permitted during the summer, 1.

Meanwhile, the move allows the transition out of the more restrictive summer gasoline blend regarding two weeks early.

For context, the waiver will remain in effect through Sept. 15, the end of the summer control season. And California is specifically in the crosshairs of the effort.

Notably, the EPA is additionally temporarily waiving certain state-level gasoline controls in California that extend beyond Sept. 15.

For context, the waivers can last for up to 20 days, with the agency saying it could extend them again.

Meanwhile, the move comes as California motorists continue to obtain hammered at the pump.

Meanwhile, the state has been particularly vulnerable to gasoline cost spikes as of its isolated fuel market, refinery closures and dependence on imports. California gasoline averaged regarding $5.59 per gallon as of Thursday, according to AAA.

Notably, the EPA's announcement additionally takes a swipe at California's fuel policies, arguing that state office-holders have resisted federal standards that could growth supply.

While accusing California and New York of refusing to follow suit, the agency remarked its emergency waivers have already been in effect since May 1 and maintained states that adopted the changes have seen lower gas rates.

Notably, the state has additionally become increasingly reliant on imported gasoline after refinery closures.

In short, california gas prices see EPA intervention in emergency move targeting supply is the central thread here, and readers can expect follow-up reporting as the picture becomes clearer.

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