It now appears that federal agencies had adequate early warning on March 9 of impending problems with gasoline supplies, production and potential problems with implementation of a new reformulated gasoline (RFG) to have taken action to mitigate skyrocketing gasoline prices that hit the Midwest. John Cook, Director, Petroleum Div. Energy Information Administration, speaking at a U.S. House Commerce subcommittee meeting in March, said, “We are now facing a very tight gasoline market. U.S. ...
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