Refiners in the U.S. soon will have to reduce concentrations of sulfur in gasoline under a rule due at any time from the U.S. Environmental Protection Agency. The rule will serve as an interesting gauge of environmental policy-making in the U.S.
No dispute rages over the need to cut the sulfur content of gasoline. The main questions are timing and scope: how quickly and over how many refiners and gasoline consumers to impose costs roughly estimated at 5-8¢/gal.
EPA last year linked the sulfur content decision to a ruling it must make on what the Clean Air Act Amendments of 1990 call Tier 2 standards for vehicle tailpipe emissions. The two issues ar...
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