Posted on 04/01/2006 2:12:22 PM PST by Recovering_Democrat
The price of gasoline could rise this summer because of supply problems from the phaseout of a fuel additive found to contaminate groundwater, government and industry officials said at a Senate hearing Wednesday.
The additive, methyl tertiary butyl ether, or MTBE, accounts for about 10% of the volume of every gallon of gasoline with which it is blended -- or 1.4% of the nationwide supply -- but refiners plan to stop using it next month because Congress refused to grant them protection from lawsuits.
(Excerpt) Read more at moneycentral.msn.com ...
Result? Higher gas prices.
But we can't drill in ANWR or off the Florida coast.
Pure idiocy.
$2.39 here in NJ. It's the damned regulations that prevent one gasoline being used all across the country that causes all this nonsense.
$2.50? I wish. mid-grade is $2.79 here in Nor Cal.
As I recall, it was the feds that mandated the use of the additive in the first place.
I'll second that. The Wall St. Journal had a fantastic editorial about this last week.
Next time you see a tort lawyer thank him for the high gas prices.
The rising prices of energy should make a lot of voters think twice about the obstructionist dems when they vote.. but for many , I doubt it will much difference at all. Sad..
There is NO way a 7% reduction in gasoline availability will not result in significant price increases and actual shortages in some areas.
Another nice .15 cents jump just this week. Guess we'll be over $4.00 by the end of the summer.
Thank your local neighborhood trial lawyer.
Congress mandated MTBE, over the loud objections of scientists. Even a 8th grade science teacher could have predicted the mass poisoning of wells that has occurred.
It's a repeat of Love Canal, where the city of Love Canal fought Hooker Chemical in court when Hooker objected to the city installing the poison chemical distribution system that eventually poisoned the ground all over Love Canal.
Hooker paid the price (bankruptcy) for losing that court fight.
I told my wife the same thing. Thursday the "cheap" gas was 2.75 in my town but has since dropped to 2.67. When the Hurricane season is here, I think we will beg for prices to be back down to $3.00 per gallon.
"Another nice .15 cents jump just this week."
Must be nice. It went from $2.45 to $2.75 in two days here in Michigan.
$2.50 isn't anything to get excited about any more.
$2.65 here in SE Wisconsin. :(
The totaly worthless 100 (U S SENATE)has voted again.
You're right.
Our "betters" will only be satisfied when we "proles" are cruising around in one of these.
/jasper
And 50 years ago the cost of a gallon was .12 cents a gallon. Minimum wage here was .25 cents an hour.
Today gas is $2.50 a gallon.
Minimum wage here about $7.00 an hour.
Gas is still cheaper today than in 1956.
SO QUITCHURBITCHIN!
Great pic---I love it !
$2.699 average DFW but many stations are running out. I had to go to 4 stations this morning to find gas.
Correct me if I'm wrong, but haven't the Republicans been in control for quite a number of years now???
Around 2.50 in Houston. Not only the prices may go out of sight - Houston is one place that may even have a shortage this summer.
Same here in NYC...Today I paid exactly that, $2.79. Like I said, annex Mexico, solve the illegal problem once and for all, and we can take over the gulf all the way down the line. Drill that beeyatch to death.
"SO QUITCHURBITCHIN"
>>>>>>>>>>>>>>>>>>>>.............
OK maybe with high gas prices the illegals won't drive up north, but oh wait those millions already here can't go home it's just hopeless high gas prices and millions of beaners burning our flag ..thanks G BUSH.
$2.50..how I wish...$2.79 for regular here in SoCal..wait let me check across the street...BRB...nope now $2.93 for regular.
This is a good thing. MTBE is really nasty stuff. Saving money at the expense of contaminating ground water with this stuff is not worth it. I also wonder if this crap has anything to do with why Gas goes bad so quickly now.
I paid $2.59 for regular in northern Alabama this morning.
***Correct me if I'm wrong, but haven't the Republicans been in control for quite a number of years now???***
But the problem began way back in 1973 when the first embargo of oil began under Gerald Ford. Then Little Jimmy Carter really screwed things up with the Iranians,(and his plans to ration gas). The price has been going up since. So has the wages to pay for them.
See my earlier post #20.
"But we can't drill ANWR or off the Florida coast."
What on earth does drilling for oil which would take years to come on line have to do with this problem? The issue is an additive, which the article said is a problem which should be corrected in 2 to 5 months. Now that ethanol is getting good prices, there should be a lot more of it in the next few years, than the 10-year development pace for ANWR could allow.
In addition this is a regulatory problem that government could correct. Relax the gasoline standards for a few months, or lower the gasoline tax temporarily.
***and i use to think these guys were behind times, and they are the only ones with reliable transportation *(**
I'm ready for it. I'll just break out the old coal forge and go back into horseshoeing. I still have all my equipment.
(Lord I don't want to do that! Backbreaking!)
Summers here and the price of gas jumped up again. I'm so surprised.
April 1 was the date for most stations to switch to the "summer blend" which won't contain MTBE this year.
I think this is only the opening salvo.
RINOs have torpedoed every attempt the Real Republicans have made to address the US energy problem since 1994.
Ethanol isn't really a good solution. Not only does it need a great deal of energy to create, but you can't pump it through pipelines.
Even it was free, it's going to be a logistical nightmare.
Even worse...imagine the cost of heating your home next year.
%0 years ago the price of a gallon o regular was about $0.25 A gallon, but you are still on point. While I was in Germany last week, I paid $6.00 a gallon.
Oats are not cheap.
Will probably be $3.50 to $4 by the 4th of July.
$2.41 in west Phoenix. One stupid excuse after another. I wonder what the boiling point will be this time? Last year it was $3.00 before people started raising hell.
see thats nice 4 for 4th has a nice ring to it
They'll just blame Bush and the evil oil companies anyway. People have become totally brainwashed and are unable to think for themselves.
I paid $2.47 at lunch time today in Mobile.
Same here in West Michigan at $2.75. It was a bargain finding a station at $2.59 the other day.
And don't put too many miles on their wagons. When my dad was a kid, he lived on a dairy farm. Each day he delivered his milk to a place seven miles away. Took most of the morning.
actually i will just stay home an order from dominos
im sure ill be paying 50.00 for a pizza but having food once a week should work wonders on my diet plan
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