Editorial: Downstream energy policy

While upstream controversies attract most attention in debates over US energy policy, downstream issues likely to be settled within the next year will greatly affect the supplies and prices of oil products.New attention to downstream questions in all branches of the federal government raises hope for refiners. The regulatory status quo hurts their ability to meet anticipated fuel requirements in terms of both volume and chemistry. Change is essential. At present, however, it's far from clear that change, if it occurs at all, will be constructive.Fresh looksThe Environmental Protection Agency is taking fresh looks at three big issues.At the direction of President George W. Bush, EPA ha...

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