Here's another example of how government can skew the marketplace: The Petroleum Marketers Association of America is asking Congress to delay until after Apr. 1, 1994, a requirement that marketers begin collecting diesel fuel taxes Jan. 1. Effective this Oct. 1, the 1990 Clean Air Act amendments required all No. 2 distillate (diesel) fuel used on the highway to contain no more than 0.05 wt % sulfur. To distinguish that fuel from high sulfur No. 2 distillate used off-road (either diesel or home heating oil), the amendments required refiners to dye the high sulfur distillate a blue-green color. The recent Budget Recon...

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