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Gas station scene with high fuel prices, E15/E10 pumps, and EPA ethanol waiver announcement amid Iran conflict.
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EPA waives ethanol fuel restrictions amid soaring gas prices

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The Environmental Protection Agency announced on Wednesday it will temporarily lift federal limits on E15 and E10 gasoline blends to help lower prices strained by the Iran conflict. The waiver aims to boost fuel supply starting May 1. Gas prices have reached nearly $4 per gallon, the highest since 2022.

Nearly one in 10 homes tested in the UK, Italy and the Netherlands showed benzene levels from gas cooker leaks that surpass safety limits, according to researchers. The cancer-causing chemical in natural gas poses risks akin to secondhand smoke indoors. The findings highlight potential indoor air pollution from slow leaks.

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The U.S. Department of the Interior announced on Monday that it will refund nearly $1 billion to TotalEnergies for two unused offshore wind leases in the Atlantic Ocean. In exchange, the French company pledged to invest the funds in existing oil and gas projects in the Gulf of Mexico and Texas. Critics called the deal opaque and unnecessary.

Egypt's Minister of Electricity and Renewable Energy, Mahmoud Esmat, held a meeting with the ministry's crisis management committee to review operational plans safeguarding the unified power grid and ensuring electricity supply continuity, amid ongoing regional military escalation.

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Ecopetrol shares dropped 4.96% to $2,680 on the Colombia Stock Exchange on March 24, as the board debates Ricardo Roa's future as president after his imputation for alleged influence peddling. The USO union threatened a national strike if he is not removed. Analysts criticize the timing amid high oil prices.

페르디난드 마르코스 주니어 필리핀 대통령은 이란-이스라엘 전쟁으로 인한 유가 급등으로 항공기 운항이 중단될 가능성이 분명히 존재한다고 밝혔다. 블룸버그와의 독점 인터뷰에서 그는 원유 공급 부족과 정제 기간 장기화를 이유로 꼽았다. 이번 연료 위기로 인해 필리핀의 인플레이션이 상승할 것으로 전망된다.

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Utah Republicans, led by State Senator Derrin Owens, are advocating for the state to host a federal nuclear waste storage and recycling site in Millard County's salt deposit. The push follows a Trump administration call for volunteer states to develop 'nuclear lifecycle innovation campuses.' Governor Spencer Cox said the state is evaluating the proposal amid local divisions.

 

 

 

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