SR/OIAF/2002-06
Release date: March 2002

This report analyzes the Renewable Fuels Standard (RFS)/methyl
tertiary butyl ether (MTBE) provisions of S. 1766. The "S. 1766"
case reflects provisions of S. 1766 including a renewable fuels standard (RFS) reaching five billion gallons by 2012, a complete phase-out of MTBE within four years, and the option for States to waive the oxygen requirement for reformulated gasoline (RFG).

Errata

Table of Contents

    Contacts

    Introduction
        Specifications of this Study
        Background
        Summary of Results
        Methodology
        Revisions to the Petroleum Market Model for this Analysis
   
    Assumptions of this Analysis
        Key Assumptions of S.1766 Case
        Key Assumptions of RFS/No MTBE Ban Case
        Provisions of S.1766 Not Explicitly Modeled
        Results of the S.1766 Case
        Results of the RFS/No MTBE Ban Case

    Uncertainty  
        State MTBE Restrictions
        Ethanol Tax Exemption
        Structure of Credit Trading
        The DI and Removal of the Rvp Waiver
        States' Ability to Waive the Oxygen Requirement on RFG
        Biodiesel Market Penetration
        Return on Investment

    Appendix A: Request Letter from Senator Murkowski
    Appendix B: Technical Characteristics of Biodiesel

Related Link
Addendum: Impact of Renewable Fuels Standard/MTBE
    Provisions of S. 517 (Download Addendum in PDF printer friendly version)
       

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