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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude
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To: ACAN who wrote (33632)1/24/2000 1:17:00 PM
From: bruce-l  Read Replies (1) of 79454
 
sta10;

Thanks for clearing up the fog on HIPC Actually it's used to clear up the smog<ROFL> I just found the article to give you a little more info. This is just a small part of it.

MTBE (oxygenate) was developed by the oil companies in the 1970s to boost octane and replace lead. Smog fighters noticed that MTBE improved gasoline combustion and dramatically reduced tailpipe emissions, up to 40% in some cases.

Following the passage of the Clean Air Act of 1990, federal authorities ordered the phase-in of oxgenates in gasoline sold in the nation's smoggiest urban areas.

MTBE became the oxygenate of choice. The other best-known oxygenate, ethanol (which HIPC makes) is a type of alcohol made from corn and is widely used in the Midwest. Supporters of ethanol see it as safer, MTBE backers dispute that.

MTBE, or methyl tertiary butyl ether, is now found in 70% of the nations cars.

MTBE has 2 critical characteristics- its ability to spread quickly, caused by its high solubility, and its permanency. Even in its tiniest proportions, five parts per billion, MTBE has an easily detectable smell(turpentinish).

A European study in the mid 1990s linked MTBE to liver and kidney tumors in mice. The danger to humans is unknown.

Time to stop, getting a little long winded here.
bruce
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