California has cleared the way for sales of E15 gasoline, opening the nation’s largest auto market to fuel containing 15 percent ethanol. Governor Gavin Newsom signed Senate Bill 795, removing the final regulatory barrier to E15 sales. California had been the only state where the higher-ethanol blend could not be sold. The change could create a significant new market for corn and ethanol producers.

Aemetis CEO Eric McAfee estimates California could generate roughly 650 million gallons of additional ethanol demand each year. California officials also say E15 could help lower fuel costs. A study by economists at UC Berkeley and the U.S. Naval Academy estimated E15 could reduce gasoline prices by as much as 20 cents a gallon and save motorists up to 2.7 billion dollars annually.

By: NATHAN STUEDLECalifornia has cleared the way for sales of E15 gasoline, opening the nation’s largest auto market to fuel containing 15 percent ethanol. Governor Gavin Newsom signed Senate Bill 795, removing the final regulatory barrier to E15 sales. California had been the only state where the higher-ethanol blend could not be sold. The change could create a significant new market for corn and ethanol producers.Aemetis CEO Eric McAfee estimates California could generate roughly 650 million gallons of additional ethanol demand each year. California officials also say E15 could help lower fuel costs. A study by economists at UC Berkeley and the U.S. Naval Academy estimated E15 could reduce gasoline prices by as much as 20 cents a gallon and save motorists up to 2.7 billion dollars annually.

California clears way for E15 sales