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California clears sales of higher-ethanol fuel to lower gasoline costs

Source: reuters.com

Regulation & LegislationEnergy Markets & PricesAutomotive & EVInflation

California Governor Gavin Newsom signed legislation permitting the immediate sale of a higher-ethanol gasoline blend. The measure is intended to ease soaring pump prices in the largest U.S. auto market, potentially increasing fuel-supply flexibility and providing modest relief to consumers.

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