TeachMeFinance.com - explain Nonfungible product
Nonfungible product The term 'Nonfungible product' as it applies to the area of energy can be defined as ' A gasoline blend or blendstock that cannot be shipped via existing petroleum product distribution systems because of incompatibility problems. Gasoline/ethanol blends, for example, are contaminated by water that is typically present in petroleum product distribution systems'.
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