06-08-07 by dugan
We’re happy to see Congressional validation of the billion-dollar hot fuel ripoff: gasoline sold at high temperatures, offering less energy than motorists are paying for. Steve Everly, the Kansas City Star’s deep digger on the "hot fuel" issue, reports on today’s Congressional study showing U.S. motorists will pay $1.4 billion extra over the summer months for gasoline that expands at high temperatures, putting less energy per measured gallon in your tanks.
The report is part of today’s hearing in the House Domestic Policy subcommittee, pressing industry officials on why they refuse to measure gasoline temperature at the pump, which would provide a fair measure for the money.
The oil and gasoline industry pushed for temperature measurement at the pump in Canada, where colder temperatures mean more money at the pump when gas is adjusted for temperature. In the U.S., they’re using any excuse to prevent the same kind of proven, honest measurement.
More background on the hot fuel issue is here.