EPA Will Allow Greater Ethanol Content in Gasoline in Bid to Ease Rising Prices

A customer pumps gas containing ethanol at Victory Gas Station in Pembroke Pines, Fla., on Nov. 15, 2013. Joe Raedle/Getty ImagesHOUSTON—The Environmental Protection Agency (EPA) has issued a temporary 20-day emergency fuel waiver that will allow nationwide sales of gasoline with higher blends of ethanol, beginning on May 1, to boost domestic supplies and temper skyrocketing fuel costs rocking the global economy.“[After] closely monitoring fuel markets for potential supply disruptions that could create extreme and unusual conditions … we foresee potential for a disruption to the American fuel supply,” EPA Director Lee Zeldin told reporters during a brief March 25 news conference at the 44th annual CERAWeek by S&P Global conference at the Hilton Americas-Houston.