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Biden Admin to Release Gasoline From Strategic Fuel Reserve

By Ben Lefebvre

As the summer driving season nears, the Energy Department said it was making the move now “to maximize its impact on gasoline prices.”

The Biden administration announced Tuesday it would release 42 million gallons of gasoline from the strategic fuel reserve into the Northeast markets to help cool off retail fuel prices.

Congress had ordered the sale from the National Gasoline Supply Reserve as part of the 2024 budget law, 118-42, requiring the Energy Department to close down the reserve after selling its inventory. DOE said it will accept bids for the fuel through May 28, with the revenue going to the Treasury. The fuel is to be delivered from the reserve sites in New Jersey and Maine no later than June 30.

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The merger of Novozymes and Chr. Hansen created Novonesis, a global biosolutions leader combining more than a century of expertise in enzymes, probiotics and microbial science. In this exclusive interview, Keith Kinsley discusses how bringing these two industry innovators together is creating new opportunities for pork producers across North America and around the world.

Keith explains how Novonesis is leveraging the strengths of both legacy companies to deliver a more integrated approach to swine nutrition, gut health and feed efficiency. From sow productivity and piglet development to grow-finish performance, Novonesis offers science-backed biological solutions designed to help producers maximize feed utilization, support microbiome robustness and improve overall herd performance.