White House Gas-Price Options Boost Biofuels Groups’ Hopes For E15 Sales

Biofuels supporters are welcoming confirmation from White House officials that they are considering approving summertime sales of 15 percent ethanol fuel (E15) to help ease high gas prices, saying they are bullish on the prospects which had previously seemed unlikely following a federal court’s decision blocking EPA approval of such sales. “We are certainly glad to see the issue raised” by the White House, says one biofuels industry source. “To us it seems like a straightforward solution.” But oil industry...