Winter gas blends may contribute to attenuating fuel prices



The AP reports that later this week, refiners will start selling their less expensive winter fuel blends which may help to lower national gas prices.

During the summer months from May 1 through September 15, the Environmental Protection Agency requires that specific volatile chemicals be extracted from gasoline before it is sold to reduce the creation of ozone, a key component of smog. In addition to the EPA's requirements, 15 U.S. cities currently implement their own stricter rules.

Typically, it costs refiners about one cent per gallon more to produce the cleaner summer blend, however, the consumer may see as much as a 10 to 15 cent jump at the pump. This, however, does not mean that U.S. drivers will see a 10 to 15 cent reduction when the strict summertime requirements end as the transition back to winter fuels often has a less dramatic impact.

The fuel prices drivers will be seeing at the pumps is as yet uncertain, though, the Department of Energy forecasts an average of $2.55 by winter.

[Source: AP via MSNBC]

Add your comments

Please keep your comments relevant to this blog entry. Email addresses are never displayed, but they are required to confirm your comments.

When you enter your name and email address, you'll be sent a link to confirm your comment, and a password. To leave another comment, just use that password.

To create a live link, simply type the URL (including http://) or email address and we will make it a live link for you. You can put up to 3 URLs in your comments. Line breaks and paragraphs are automatically converted — no need to use <p> or <br /> tags.



Featured Galleries

  • RWE's Smart Ed
  • Smart Ed
  • Battery electric Volvo C30
  • Aston Martin Cygnet
  • Rinspeed UC?
  • BMW Concept ActiveE
  • Kepler Motion
  • Toyota Prius PHEV
  • Audi A1 teaser
  • Toyota Hybrid Concept Teaser
  • i-MiEV
  • Smart Ed and B-Class F-Cell

Categories


Autoblog

Daily Finance

Download Squad

Engadget

Joystiq

Autoblog Spanish

Switched.com

FanHouse

Asylum