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API warns EPA of consequences of unreasonable regulations

06/13/2011
The US Environmental Protection Agency needs to consider that overly burdensome regulations reduce investments by US businesses and cost jobs, an American Petroleum Institute spokesman said June 1, adding the EPA has not gone far enough to ease such regulations.API particularly is concerned about EPA implementing greenhouse gas regulations and ozone rules, Howard Feldman, API director of regulatory and scientific affairs, said during a June 1 conference call with reporters.While acknowledging EPA took steps to reduce some regulations, API still believes US President Barack Obama's administration needs to do more to help the recovering economy, Feldman said."People need jobs, and in o...
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