The Energy Information Administration`s assessment of reformulated gasoline: An update
This report (Part II) concludes a two part study of The Energy Information Administration`s (EIA) assessment of Reformulated Gasoline (RFG). The data contained herein updates EIA`s previous findings and analyses on reformulated gasoline as it affects the petroleum industry. The major findings of Part II have not changed considerably from Part I: Supplies of RFG are adequate to meet demand, but a tight supply-demand balance exists, leaving the RFG system with little ability to absorb unexpected supply or delivery system disruption. In December 1994, the estimated demand for RFG was 2.6 million barrels per day, with the production capability just meeting this demand. The study concludes that current prices for RFG are consistent with the costs underlying the product, and the difference in RFG and conventional gasoline indicates confidence in supply. The study also follows the impact of recent events such as: postponement of the Renewable Oxygenate Standard, the decision to require importers to use the U.S. average baseline for limiting emissions, the disruption of the Colonial Pipeline in Texas, and Pennsylvania`s request to opt-out of the RFG program.
- Research Organization:
- USDOE Energy Information Administration, Washington, DC (United States). Office of Oil and Gas
- Sponsoring Organization:
- USDOE, Washington, DC (United States)
- OSTI ID:
- 10108359
- Report Number(s):
- SR/OOG--94-03; ON: DE95004836; NC: NONE
- Country of Publication:
- United States
- Language:
- English
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