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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: elmatador who wrote (102807)6/13/2008 9:43:41 PM
From: ChanceIs  Read Replies (4) of 206184
 
>>>"refiners can't go back to MTBE can they?"<<<

Someone please correct me if I am wrong, but the whole "oxygenate" additive approach is a big fat boondoggle. I can't say why we went down that road, I can only guess.

I do know that perhaps five years ago, Honda - with its four valve/cylinder approach - achieved much lower tailpipe emissions than required. CO, NOX, etc. However, this mattered not. Our laws require oxygenate in the tank. Getting to where things are important - at the tailpipe - doesn't matter. The fraction of oxygenate does.

Again, I can't understand this. I don't think that the refiners liked fooling around with MTBE. I could be wrong. Maybe it helped their profit margins. They are sure eating a lot of environmental lawsuits right now. I don't think that the auto makers liked it.

I guess that it was our beloved Congress' approach to retrofitting the then current auto fleet by doctoring the contents of the gas tank. What a shame that Congress didn't force the retirement of the entire fleet five years ago to cleaner more efficient automobiles. J6P would probably be grateful with today's $4 gasoline.

Shucks. I love my country well. But I also love my purse. All of that MTBE uselessly sucked up a lot of natural gas. All of those heavy gasoline hogs uselessly sucked up a lot of gasoline.

What can I say, except that I want to cash in my heretofore unused May '08 allocation:

"Let us accept things as they are, and profit off the folly of the world."

Mayer Rothschild
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