Oil Falls to 7-Week Low as U.S. May Waive Gasoline Requirements

ZR2

(345 posts) Send PM | Profile | Ignore

Thu Apr-01-04 04:20 PM
Original message

Oil Falls to 7-Week Low as U.S. May Waive Gasoline Requirements

http://quote.bloomberg.com/apps/news?pid=10000006&sid=aqKyYWnCWYXw&refer=home

April 1 (Bloomberg) -- Crude oil in New York tumbled to a seven-week low after Energy Secretary Spencer Abraham said that the U.S. is ``seriously'' considering a request by California for an exemption to a requirement for cleaner-burning gasoline.

California, New York and Connecticut have asked for temporary waivers of requirements to use additives that make gasoline burn more completely. All three states have banned MTBE, a blending agent, sparking concern a change to ethanol, its chief alternative, may create supply disruptions.

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madrchsod

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Thu Apr-01-04 04:32 PM
Response to Original message

1. so that`s what it`s all about?

Edited on Thu Apr-01-04 04:33 PM by rchsod

reducing the environmental laws? nice way to poison people for profit.

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