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Boutique fuels: Unique gasoline blends required for a specific region or metropolitan area of the U.S. Prior to 1990, six types of gasoline were sold in the U.S. Today, there are approximately 20 unique gasoline formulations manufactured for, and sold within, specific markets throughout the United States that are mandated by federal, state, and local governments. These "boutique" fuels are not interchangeable with fuel blends sold in other areas of the country. Federal law limits the number of boutique fuels authorized for use in the nation, but does not include state biofuel mandates in its definition of “boutique fuels.” Consequently, states have proceeded to require the use of certain biofuel products. These mandates pose similar challenges to the motor fuel supply and distribution system as other types of regulated “boutique fuels.”
Fungible: Interchangeable. The U.S. gasoline system was designed to facilitate the efficient flow of gasoline to all regions of the nation, allowing the same gasoline formulation to be sold in all markets. The system is no longer fungible, with approximately 20 unique gasoline formulations required in specific markets throughout the United States.
The federal excise tax on gasoline is 18.4 cents per gallon and 24.4 cents per gallon for diesel fuel.
Motor gasoline taxes averaged 47.4 cents per gallon in January 2010, including the 18.4 cents per gallon in federal taxes. (Source: American Petroleum Institute)
Diesel fuel taxes averaged 52.0 cents per gallon in January 2010, from a high of 71.0 cents per gallon in Hawaii to a low of 32.4 cents per gallon in Alaska. (Source: American Petroleum Institute)
The states with the highest gasoline taxes, as of January 2010, are:
California (65.0 cents per gallon)
New York (63.0 cents per gallon)
Hawaii (62.8 cents per gallon)
The states with the lowest gasoline taxes, as of January 2010, are:
Alaska (26.4 cents per gallon)
Wyoming (32.4 cents per gallon)
New Jersey (32.9 cents per gallon)
Originally posted by FreedomXisntXFree
Williston is like a gold rush town; they moved one of our 40 man camps down there since there are no rooms available.
The host said to Forbes, "I am going to ask you a direct question and I would like a direct answer;
how much oil does the U.S. have in the ground?" Forbes did not miss a beat, he said, "more than all the Middle East put together."
3 to 4.3 Billion Barrels of Technically Recoverable Oil Assessed in North Dakota and Montana’s Bakken Formation
The Bakken is the largest domestic oil discovery since Alaska's Prudhoe Bay, andhas the potential to eliminate all American dependence on foreign oil. The Energy Information Administration (EIA) estimates it at 503 billion barrels.
Originally posted by Res Ipsa
I find this thread very informative
thank you for taking the time to do this research.edit on 20-5-2012 by Res Ipsa because: (no reason given)