September 2011

Trends and Resources

HP Impact: New requirements could raise cost of gas, shutter US refineries

A new study says that upcoming US Environmental Protection Agency (EPA) requirements could raise the cost of manufacturing gasoline, lead to the closing of domestic refineries, and force the US to dou..

Thinnes, Billy, Hydrocarbon Processing Staff

A new study says that upcoming US Environmental Protection Agency (EPA) requirements could raise the cost of manufacturing gasoline, lead to the closing of domestic refineries, and force the US to double its gasoline imports while causing increased carbon dioxide (CO2) emissions. Baker and O’Brien executed the study on behalf of the American Petroleum Institute (API). “The new EPA requirements could be devastating to consumers and communities across the nation,” said Bob Greco, API’s group director of downstream operations. “Consumers would be hurt by the increased cost of fuel projected by the study, and the closing of refineries could put local economies at risk,

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