Oil and gas trade groups believe butane blending could help drop gas prices
Thursday, May 12, 2022
Representatives from three Appalachian oil and gas trade groups wrote a letter to Sen. Joe Manchin (D-WV) stating butane could help lower gasoline prices, according to Pennsylvania Business Report.
Representatives from Marcellus Shale Coalition in Pennsylvania, Kentucky Gas and Oil Association, and the Gas and Oil Association of West Virginia believe butane blends could also lower gas prices alongside ethanol blends, which President Joe Biden’s administration has already permitted increases for.
“Butane has always been relied upon as a historically cost-effective way to blend gasoline during periods of supply disruptions in the summer,” the authors Dave Callahan, Ryan Watts, and Charlie Burd write. “Most recently, the Biden Administration issued a waiver in the spring of 2021 when the Colonial Pipeline was offline, allowing gasoline blenders to utilize butane to increase supply and lower costs for the consumer.”
Learn more: Pennsylvania Business Report > Butane blending could lower gas prices, Appalachia energy leaders say
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