NYCâ??s mayor lifts gasoline rationing

Mayor Michael Bloomberg Friday lifted an emergency order that imposed a 1970s-style odd-even rationing system for buying gasoline and diesel fuel in New York City. The mayor's order is effective today at 6 a.m.

Bloomberg imposed gasoline rationing on Nov. 9 after long lines at gas stations became the norm following post-superstorm Sandy's disruption of the gasoline supply chain in the New York region.

The odd-even system, which made use of the last number of a vehicle's license plate, was designed to cut wait times and reduce price volatility, Bloomberg said.