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Friday, March 29, 2013

Gas Prices Going Up--Thanks EPA

Now that the economy has fully recovered from the 2008 

crash, that we have no unemployment problem and

 our budget is balanced, it is time to clean up

 the environment. (Yea sure. Please don't choke

 on your drink!) So says the Environmental Protection

 Agency. They have announced that they are 

mandating a new formulation of gasoline that 

will only add 9 cents to each gallon. Now 

everyone can pay the same high gas prices

 as California already is.  Such malarky!


The EPA is another branch of government which
 is out of control and needs to be reined in. 
When they can arbitrarily make regulations which
 impose more costs on already hard pressed 
Americans, this makes absolutely no sense.  The irony
 is that these regulations were delayed by 15 months 
to avoid any "political" repercussions
Yea, they wanted Obama re-elected 
so they put off these election killers until he
 was back in office.

Just as the economy seems to be showing some 
growth, this measure will undoubtedly have a 
negative effect. If the average car is driven 
12000 miles per year, that would be 1000 miles 
per month. Also assuming that the average car 
gets 25 miles per gallon that would equate to
 $3.60 per month or $43.20 per year.  Not a 
real budget breaker, but enough to hurt most working people.

Will it throw the entire country into a depression, 
of course not. However, the camel did not collapse 
until that one small twig was added to his load.  Where 
is the breaking point.  We are not sure but do believe 
it is not far off.

We do not need anymore taxes. This additional cost i
s a tax. We have to purchase fuel and therefore have
 no choice. Enough is enough. Stop all the taxes.

Conservative Tom


New EPA Rules to Add ‘9 Cents a Gallon’ to Gas

Friday, 29 Mar 2013 10:59 AM
By David Yonkman, Newsmax Washington Correspondent
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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 cents 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. EPA’s proposed fuel regulations are the latest example,” Bob Greco, director of the American Petroleum Institute Downstream Group, told Newsmax.

Editor's Note: 5 Signs Stock Market Will Collapse in 2013

The regulations, aimed at reducing the amount of sulfur emissions, will add as much as 9 cents, according to industry experts, although the administration insisted the cost at the pump would be lower.

The Washington Post quoted a senior administration official saying the new standards would cost less than a penny a gallon and have the same environmental impact as taking 33 million cars off the road.

Congressional Republicans lashed out at the new regulations.

“The Obama administration cannot be more out of touch,” GOP Rep. Ed Whitfield of Kentucky, chairman of a House Energy subcommittee, told Newsmax. “With hard-pressed families already struggling to afford each fill-up, Congress needs to take a hard look at any new EPA regulation that may raise the price at the pump.

“This is just another example of an overzealous EPA,” Whitfield said.

The EPA says the rules are needed because high sulfur content reduces the effectiveness of catalytic converters, causing more emissions to be released into the air.

The EPA rule will force 49 states to follow regulations already in place in California that set stricter standards on gasoline’s sulfur content. Currently, states can have 30 parts of sulfur per million, but the new rules will lower it further to 10 parts.

The industry has already cut sulfur content by 90 percent in recent years, from 300 parts per million to 30 parts, at a cost of $10 billion, Charles Drevna, president of the American Fuel and Petrochemical Manufacturers, told The New York Times.

The new rules would cost another $10 billion, Drevna claimed.

The Petroleum Institute’s Greco told Newsmax, “Our government should not be adding unnecessary regulations that raise manufacturing costs, especially when there are no proven environmental benefits.

“We should not pile on new regulations when existing regulations are working,” he added.

Greco said the new rules would increase greenhouse gas emissions because of the “energy-intensive equipment required to comply.”

Republican House Energy Committee Chairman Fred Upton of Michigan said the move was another example of the Obama administration’s misguided energy policy.

“Instead of raising gas prices, the Obama administration should focus on bringing stability and greater supplies to our energy markets by green-lighting projects like the Keystone XL pipeline, which will bring approximately 1 million barrels per day of oil from a close ally to the United States,” Upton told Newsmax.

Editor's Note: 5 Signs Stock Market Will Collapse in 2013

The EPA’s proposal has been ready for 15 months but was delayed until after the election to avoid making rising gas prices a major campaign issue, The New York Times reported.

© 2013 Newsmax. All rights reserved.


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3 comments:

  1. The 9 cents was actually 6-9 cents, and the study was financed by the oil industry. This is obviously a self-serving "study."

    So is the EPA estimate that it will add less the 1 cent to the cost.

    As a fact-checker, I would hold my fire until the final rules are actually written and some INDEPENDENT analyst with no dog in this fight produces a report.

    In terms of environmental impact, the estimate was that the amount of pollution avoided will be equivalent to taking 33 million cars off the road. I'll wait for more validation of that, too.

    --David

    ReplyDelete
  2. I would rather depend on the iindustry numbers than EPA. If the amount is so small, why wait until months after the election?? Doesn't that tell you something???

    ReplyDelete
  3. Yes, it tells me that the administration would rather have the oil industry come out with their so-called "study" after the election than before it. They know all the players at the table.

    The truth is certainly somewhere between 1-9 cents, and we won't know until the final rules are written and some independent study is done.

    --David

    ReplyDelete

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