This was reported last Friday: EPA will move to increase the price of gasoline to make it more in line with Europe and South Korea.
Oil & Gas Journal is reporting:
US refiners would need to lower the sulfur content of gasoline to
levels in place in Europe and elsewhere under a Mar. 29 proposal by the
Environmental Protection Agency aimed at aligning federal regulations
with those in effect in California.
The agency’s Tier 3 regulations call for a reduction in gasoline
sulfur content to 10 ppm from a present average of 30 ppm. They also
call for cuts in vehicle tailpipe and evaporative emissions in a package
EPA said would move federal requirements toward strict standards in
effect in California.
The proposed sulfur limit matches that of “Euro 5” gasoline in
Europe. Comparable standards are in effect in Japan, South Korea, and
several other countries, as well as in California. EPA said its Tier 3
proposal “is harmonized with the California Air Resources Board
Low Emission Vehicle program so automakers could sell the same vehicles
in all 50 states.”
In earlier reporting, it was estimated this would add only 9 cents/gallon and it would be passed on to the consumer.
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