Fox Business Channel Warning about E15 Gasoline-Confirmed Authorship!

Fox Business Channel Warning about E15 Gasoline-Confirmed Authorship! 

Summary of eRumor:
A news report from Fox Business Channel has gone viral on the Internet that warns about potential damage to older model cars when filling up with E15 gasoline at the pumps.
The Truth:
The December 4, 2012 Fox Business report is real and both Fox and its parent company, the Wall Street Journal, released articles that said that the Automobile Club (AAA)  has urged “regulators and fuel producers to stop selling a new gasoline blend containing 15% ethanol, citing the potential for consumer confusion, voided warranties and vehicle damage.”
The E15 gasoline is a mixture of 15 percent ethanol and 85 percent gasoline, and was recently approved by the Environmental Protection Agency (EPA) for distribution to drivers. According to the Fox Business report, some automotive makers said that they will not honor car warranties and cover fuel related repair claims as a result from consumers using E15 in their vehicles.

The article said that the EPA has yet to respond to the Auto Club’s request but “has issued a statement saying it shares the association’s concerns over E15 awareness, but that the labels ‘will help ensure consumers are aware about which vehicles are approved for its use.’”
E15 fuel is not yet being sold in all states.  It should be noted that E15 fuel not a mandatory item for customers to purchase and the current E10 fuel is still provided by stations carrying this product.
TruthOrFiction.com got many inquiries about this asking us if the reports were true. This is a great example how a news story can escalate into an eRumor and we found that this warning was also reported by MSNBC and USA Today.

Watch the latest video at video.foxbusiness.com
Video from Fox Business Channel

updated 1/4/13