VOL. XLIII
No. 12
20-March-2000
US
Merrill Lynch Warns Reformulated Gasoline Specs Will Cut US Output Capacity By 150,000 B/D
Although the worlds attention is focused on crude oil markets, Merrill Lynch warns that in the US, gasoline supplies are a bigger problem that is likely to be made even more severe by forthcoming tighter standards for the production of reformulated gasoline. "Some estimates," says Merrill Lynch in The Energy Daily report of 15 March, "suggest that the Phase II standard...
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