Gevo Inc (GEVO)

[masson]

Butanol blends present other economic advantages to refiners and consumers.

California has the most stringent air emission standards in the country. As a result, California spec gasoline is specially formulated and not available outside the region. In 2012, a perfect storm of pipeline issues, refinery outages and potential market manipulation spiked gasoline prices in California to close to $5 per gallon for an unprecedented period of time. Had biobutanol been readily available for blending in neighboring states and piped to the California market this problem could have been averted