Posted on 03/29/2013 1:48:32 PM PDT by Olog-hai
New regulations to be announced by the Environmental Protection Agency Friday are set to push the already-high price of gas up by a further 9¢ a gallon, petroleum industry experts are warning.
There is a tsunami of federal regulations coming out of the EPA that could put upward pressure on gasoline prices. EPAs proposed fuel regulations are the latest example, Bob Greco, director of the American Petroleum Institute Downstream Group, told Newsmax.
The EPA rule will force 49 states to follow regulations already in place in California that set stricter standards on gasolines sulfur content. Currently, states can have 30 parts of sulfur per million, but the new rules will lower it further to 10 parts.
(Excerpt) Read more at newsmax.com ...
OK, but I wanted to know how it related to the regulations.
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