That's true, except that in the short term prices will spike up as refineries retool for a different product.
Here's another nugget for you:
All gasoline sold in CA must be refined in CA.
Now read the article with that filter on it. Interesting?
Think it can't get worse? Try again. In the 8-state Upper Midwest region, the politics of gasoline has produced requirements for -- hold your breath -- 32 separate formulations, aka 'blends'.
All that said, though, Doofus should still get rid of MTBE. It's a remarkably persistent agent, very difficult to remove in a non-laboratory situation. Further, if the US has a high-demand driving season this summer, Calbania is a dead lock for $3.00 pump prices, starting any time after the election. Of course, Calb. COULD avoid this by decertifying certain standards and eliminating quite a number of nonsensical regulations (as one poster pointed out, certain trucking regs for a start), but I won't be holding my breath on that, will you? (w!)