California clears sales of higher-ethanol fuel to lower gasoline costs
California Governor Gavin Newsom approved the sale of E15, a 15% ethanol fuel blend, to lower gasoline costs. Eric McAfee, CEO of Aemetis, estimates this could add 650 million gallons of annual ethanol demand, saving drivers money. The move follows record-high gasoline prices in California, averaging $6.14 per gallon.



