It’s one thing to have genuine differences over energy regulatory policy – as the oil and natural gas industry has with EPA’s proposed Tier 3 rule further lowering sulfur levels in gasoline. It’s quite another to see that the rulemaking process is being gamed.
API highlighted substantive and procedural concerns about the Tier 3 proposal at recent public hearings. The rule would require refiners – who invested about $9 billion over the past decade to reduce sulfur in gasoline 90 percent (300 parts per million to 30 ppm) – to lower sulfur content another 6 percent, to 10 ppm. According to one study, the reduction would produce little environmental benefit, while another said it could add 6 to 9 cents per gallon to the cost of making gasoline. API Senior Policy Advisor Patrick Kelly, f... more »