The new energy legislation passed by Congress
includes an item that supporters claim will ease spikes in gasoline prices. The Great Lakes Radio Consortium’s Chuck Quirmbach reports:
The new energy legislation signed by the President includes an item that supporters claim will ease spikes in gasoline prices. The Great Lakes Radio Consortium’s Chuck Quirmbach reports:
Critics claim the system of using special gasoline blends to reduce air
pollution has led to sizable price hikes when production problems reduce
supplies of the so-called boutique fuels.
The energy legislation would allow the temporary lifting of cleaner fuel mandates during supply disruptions. The EPA would also limit the number of boutique fuels and look for ways to
make the blends more widely available.
Wisconsin Republican House Member Paul Ryan says the new plan will bring stability.
“So we can standardize our gasoline blends, maintain our clean air standards, but stabilize the supply of gasoline.”
Ryan admits it may take several years for motorists to see any savings. Democrats worried about air pollution and oil companies concerned about additional regulations have traditionally blocked changes in the fuel supply system, but with gas prices around two fifty a gallon, the federal
government is taking action.
For the GLRC, I’m Chuck Quirmbach.