AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

Bold Relief.(ISSUES & INSIGHTS)(EDITORIALS)(Editorial)

Investor's Business Daily

| June 01, 2004 | COPYRIGHT 2004 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Energy: Gasoline prices with seemingly no ceiling have the administration mulling removal of fuel blend regulations to boost supplies.

Crude futures fell a bit before the Memorial Day weekend, which is taking some pressure off retail gasoline prices. But pump prices are still painful to most Americans.

(Save us the sermons about Europeans and Japanese having to pay more than $5 for a gallon of gas. Cheap fuel exists -- Venezuelans pay less than 20 cents a gallon.)

Clearly, U.S. motorists need relief.

Various solutions, such as price caps and tinkering with the Strategic Petroleum Reserve, have been floated. A more sensible plan making the rounds is to waive regulations that require special fuel reformulations, or blends, in some regions.

Across the country, federal regulations require at least a dozen boutique blends, each specifically tailored for a different metropolitan area. The blends are designed to protect air quality.

The unintended consequence of these regulations has been soaring gasoline prices. They're certainly not the sole factor, but they have had an impact. When supplies in an area using reformulated gas get tight, fuel from nearby areas where supplies are not as stretched cannot be shipped in to meet demand -- unless that area shares the same blend. The rules also make it impossible to import foreign gasoline to make up for shortages.

Related articles from newspapers, magazines, journals, and more
Donald Evans.(NEWS IN BRIEF)
Newspaper article from: The Christian Science Monitor May 28, 2004 700+ words
Byline: David T. Cook Commerce Secretary Donald Evans was Thursday's guest. Here are excerpts from his remarks: On whether the administration will act to lower gasoline prices before the Nov. 2 election: "There are not any short-term...
Wholesale gasoline prices fall; spot prices increase.
Newspaper article from: The Oil Daily Hahn, Susan L. January 15, 1985 700+ words
WHOLESALE gasoline prices at the rack and terminal in most...firming. Mobil Oil Corp. reduced gasoline prices Jan. 12 by 1.7 cents to dealers...Georgia, and Dallas. Mobil lowered gasoline prices 1.0 cent to dealers in Harrisburg...
Farmers Insurance Releases a Study on the Impact of Gasoline Prices on...
Press release article from: Business Wire November 13, 2007 700+ words
...economic analysis of the effect of gasoline prices on vehicle miles traveled, choices...a framework to quantify how rising gasoline prices affect vehicle use. "In the past...100 per barrel, media reports on gasoline prices occur daily," noted Kevin Mabe...
Gasoline prices unsteady; distillate postings rising.
Newspaper article from: The Oil Daily Hahn, Susan L. October 9, 1984 700+ words
Gasoline Prices Unsteady; Distillate Postings Rising WHOLESALE gasoline prices continued to fluctuate in most of the country...several Rocky Mountain markets. Exxon raised gasoline prices Oct. 4 by 0.5 to 1.0 cent per gallon in...
Does ethanol affect gas prices? Models test whether there is a relationship...
Magazine article from: Feedstuffs Elam, Thomas November 24, 2008 700+ words
...LINK between ethanol production and gasoline prices has been cited by the government and...ethanol production has depressed U.S. gasoline prices 29-40 cents/gal. The model relies...refiner margins are causing lower gasoline prices. If increasing ethanol production...
Gasoline prices continuing to drop; missile strikes on Iraq not expected to...
Magazine article from: Los Angeles Business Journal Mullen, Liz September 9, 1996 700+ words
Gasoline prices in California have dropped by about...strikes on Iraq had not affected gasoline prices. The average price for a gallon...the spring of 1996. California gasoline prices peaked on May 6 at $1.54 a gallon...
Gasoline prices fall 0.99 cent in a week.
Newspaper article from: The Oil Daily Hahn, Susan L. January 16, 1985 700+ words
...regular grade, dealer tank wagon gasoline prices fell an average of nearly 1.0 cent...changes Tuesday included reductions in gasoline prices by Amaco Oil Co. Amoco lowered gasoline prices Jan. 15 by 0.7 cent in Atlanta...
Wholesale gasoline prices continue steady decline.
Newspaper article from: The Oil Daily Hahn, Susan L. January 29, 1985 700+ words
...CONTINUED TO SEE MOSTLY DECREASES IN GASOLINE PRICES AT THE RACK AND TERMINAL Monday...moves included: AMOCO Amoco reduced gasoline prices Jan. 26 by 1.0 cen per gallon in...Union Oil Co. of California reduced gasoline prices Jan. 26, according to unconfirmed...
For more facts and information, see all results
©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA