Wednesday, December 21, 2005
high gas prices vs. the epa
Who wants to bet on how fast environmental regulations reducing sulfur content and carcinogenic additives in gasoline get tossed out the window on our way over the peak? The following came from an article on MSNBC.
The introduction of lower sulfur requirements for gasoline and diesel combined with a shift in gasoline additives could reduce supplies and create problems for refineries trying to produce fuel to meet the new specifications, according to analyst Trilby Lundberg.
"In 2006, the EPA could well cost gasoline consumers more than Hurricane Katrina did."
"This supply loss is permanent, unlike a storm idling refining capacity, even one as horrendous as Katrina. While some of the supply loss will be made up by ethanol, the rest must come from greater gasoline imports," Lundberg said.
Entire Article Here
Place your bets...