New York and Connecticut should have adequate supplies of summer-grade gasoline blended with ethanol, the US Energy Information Administration said Wednesday, noting its concerns about post-MTBE supply shortages have been "significantly reduced." The EIA, in its This Week in Petroleum report, said it was easing off concerns it had last fall about potential supply shortages occurring in the two states when the industry switched from winter to summer-grade gasoline. The agency said it revised its thinking after talking to major suppliers for New York and Connecticut over the past several months. "Our recent findings indicate that domestic suppliers (including suppliers from the Gulf Coast) will likely produce more reformulated gasoline blendstock for oxygenate blending (RBOB) for New York and Connecticut than previously estimated last fall," the agency said |