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Story summary
- Governor Gavin Newsom signed Senate Bill 795 permitting E15 gasoline sales in California.
- The EPA approved E15 for use in model-year 2001-and-newer conventional vehicles.
- Analysts estimate the blend could cut gasoline prices by up to $0.20 per gallon.
- Los Angeles spot petroleum price was $4.27 per gallon and ethanol $2.49 per gallon on Friday.
- AAA reported California regular gasoline averaged $6 on Monday, 40.5% higher than a year earlier.