Yeah, inflation adjusted, this still pretty cheap gas. I paid $2.979/gallon for regular on Sunday and $3.099 yesterday (different stations in different counties of Maryland which are traditionally 8-10 cents different). Checking the rates posted on the two service stations near my office Urbana, MD, this morning I saw $2.999 at each.
The reports on the radio have said that the regional shortages are due to refineries having to replace MTBE with ethanol as an anti-smog measure but their trucking infrastructure isn't up to the task quite yet. Apparently one can ship MTBE-added fuels much further by pipeline than ethanol because the alcohol mixture absorbs & holds more moisture.
Of course, they could be lying to me and I wouldn't know either way. :-)
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Date: 2006-04-25 02:24 pm (UTC)The reports on the radio have said that the regional shortages are due to refineries having to replace MTBE with ethanol as an anti-smog measure but their trucking infrastructure isn't up to the task quite yet. Apparently one can ship MTBE-added fuels much further by pipeline than ethanol because the alcohol mixture absorbs & holds more moisture.
Of course, they could be lying to me and I wouldn't know either way. :-)