SQUAWK/NEWS
Account
Theme
Account
Menu
Live News REGULATION ARTICLE M impact

California clears higher-ethanol fuel sales to cut pump costs

California Governor Gavin Newsom signed legislation allowing immediate sale of a higher-ethanol fuel blend. The move follows passage of Senate Bill 795, aimed at rein in skyrocketing costs at the pump.

AMTX

California Governor Gavin Newsom signed legislation allowing the immediate sale of a higher-ethanol fuel blend in the state, as it seeks to rein in skyrocketing costs at the pump in the country's largest auto market. The signing of Senate Bill 795 on Saturday removed the final remaining barrier to the fuel’s sale in California.