Gas prices climb due to MTBE phase-out and expense of oil

It may come as a bit of a surprise, but some of us here at Autoblog just don’t fill up all that often. Imagine, then, our surprise when the gas pump spit out a receipt for a bit more than $82 after our last fill-up of the Autoblog Garage’s parts-running truck. If this keeps up, we’ll be changing our name to Pedalblog.

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It may come as a bit of a surprise, but some of us here at Autoblog just don’t fill up all that often.
Imagine, then, our surprise when the gas pump spit out a receipt for a bit more than $82 after our last fill-up of
the Autoblog Garage’s parts-running truck. If this keeps up, we’ll be changing our name to Pedalblog.

There are a couple of supposed causes for the recent jump in fuel prices – currently hovering right around
$2.75/gallon in Michigan. First is the recent upward march of oil prices past the $66 mark
(we were just getting ready to throw a party when oil dropped to $60/barrel). This is an artifact of global turmoil
(too many people threatening to blow each other up)  along with concern over insufficient
supplies
, even in among the Saudis. 

The second stated reason for the jump in gas prices is the pending change-over from MTBE to
ethanol. This occurs as the laws for gasoline oxygenates lapse on May 1 and refiners become increasingly
reluctant to continue use of MTBE in the absence of federal liability protection (the additive has been blamed
for a variety of groundwater contamination incidents).