WASHINGTON—The Biden administration on Friday retroactively reduced the amount of ethanol that must be blended into gasoline for 2020 and 2021 but raised the level for 2022, saying the changes are aimed at helping boost domestic fuel supplies.
Environmental Protection Agency Administrator Michael S. Regan said that the decision will reduce U.S. reliance on oil and that the administration is “laser-focused on providing more options for consumers at the pump.”