For Immediate Release: September 24, 1997
Media Contact: Claudia Chandler -- 916 654-4989
Energy Commission Discusses California's Gasoline Market
As Part of Its 1997 Fuels Report to Legislature and Governor
The California Energy Commission's Fuels and Transportation Committee will conduct a hearing to discuss California's unique gasoline refining concerns for the 1997 Fuels Report. The hearing will take place at the California Energy Commission:
THURSDAY, SEPTEMBER 25, 1997
Beginning at 10 a.m.
California Energy Commission
Hearing Room A
1516 Ninth Street
The Committee will review several fuels market issues relevant to the preparation of the draft 1997 Fuels Report. For example, how will California's refining capacity needs be changing in the future? Will Phoenix and other areas adjacent to California require reformulated gasoline or diesel and affect availability of refined products for California? Will product prices have increased volatility? Would greater transportation fuel diversity mitigate this issue? What policies could the state implement to ensure stable, reliable supplies at affordable prices?
Expert witness testimony will also be presented on the following topics:
- The relationship between the physical and paper oil markets and their impacts on California.
- Gasoline and diesel price volatility analysis.
- An evaluation of the availability of EPA, CARB and Arizona specification gasoline outside of California.
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