Californians will now be able to save $0.20 per gallon as drivers are getting a cheaper fuel option amid soaring gasoline prices — a saving that will amount to billions for Golden State motorists.

Governor Gavin Newsom signed new legislation last week to allow the sale of E15 gasoline across the Golden State, which opens access to a lower-cost, 15% ethanol blend that aims to diversify California’s fuel market.

The new fuel blend with 15% ethanol could provide much-awaited relief as California gasoline prices have climbed to record highs, with regular gasoline averaging $6.24 per gallon and diesel reaching an average of $8.44 per gallon…

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