Energy bills again hinge on oxygenate issues

06/20/2005
Energy legislation in the US hinges again on gasoline oxygenates.In wide-ranging energy bills passed by the House and working through the Senate, big oil and gas provisions relate to ethanol and methyl tertiary butyl ether. Most other major oil and gas items have wiggled out.Tax changes sought by independent producers have been enacted elsewhere, for example. And the Senate moved leasing of the Arctic National Wildlife Refuge Coastal Plain into budget legislation.For the still massive bills that remain, oxygenates might again prove fatal.For most major oil companies, a priority goal of energy legislation is protection against product-defect lawsuits involving MTBE. The ether, which helps ...
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