MTBE deadline could be a market driver
From Bloomberg:
"Gasoline is pulling crude oil lower,'' said Phil Flynn, vice president of risk management with Alaron Trading Corp. in Chicago. "The speculators are dumping gasoline ahead of the switchover from MTBE. Basically nobody wants to deal with the MTBE liability.''
"Gasoline is pulling crude oil lower,'' said Phil Flynn, vice president of risk management with Alaron Trading Corp. in Chicago. "The speculators are dumping gasoline ahead of the switchover from MTBE. Basically nobody wants to deal with the MTBE liability.''
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