On May 17, some US retailers sold their RFG
Environmental Protection Agency's 1990 mandate to produce reformulated gasoline (RFG) to reduce ozone, air toxics and carbon monoxide emissions.
Other organizations have stressed the health benefits achieved by using MTBE, noting, "For the population as a whole, the public health benefits RFG provides by reducing air pollution substantially outweigh public health impacts from exposure to increased levels of MTBE in the air and water." (3) MTBE's value was recognized in 2001 in a draft report to the European Commission as a safe and effective product when used responsibly in tandem with robust enforcement of underground storage tank regulations.
These requirements became known as the reformulated gasoline program (RFG).
The average retail price of reformulated gasoline (RFG
) in major parts of the US has been around $3.20-3.50/gallon since early May - still ahead of the summer driving season.
The big rise in retail sales in March shows that consumers have not been deterred by higher RFG prices.
So, while crude oil prices in the US might drop in May, RFG prices at the pump are expected to be felt especially high during the warmer months.