Monday, April 03, 2006

Why are Gas Prices Rising?

An article forwarded to me from my brother-in-law, who sells propane and propane accessories, which states:

The February release of a report by the Energy Information Administration that said the rapid switch from methyl tertiary-butyl ether to ethanol as an oxygenate in gasoline could lead to supply shortages and resulting prices spikes during the peak summer demand period triggered hearings by the Senate Environment and Public Works Committee last week, with lawmakers hearing testimony by several experts on the impact of removing MTBE from the nation’s pool of gasoline supply.

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