US senators seek to expand sales of ethanol-gas blend with support from Big Oil

By Stephanie Kelly (Reuters) – U.S. senators reintroduced a bipartisan bill on Tuesday that would allow nationwide sales of gasoline with a higher blend of ethanol year-round, with the support of a leading oil trade group. Republican Senator Deb Fischer from Nebraska and Democratic Senator Amy Klobuchar from Minnesota argue that the expanded sales of E15, or fuel containing 15% ethanol, would decrease gasoline prices and reduce U.S. dependence on foreign oil. Year-round sales of E15 have been long sought by the biofuel industry and corn farmers, who would benefit from the increased market. The…

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