New regulations to be announced by the Environmental Protection Agency Friday are set to push the already-high price of gas up by a further 9 cents a gallon, petroleum industry experts are warning.
“There is a tsunami of federal regulations coming out of the EPA that could put upward pressure on gasoline prices. EPA’s proposed fuel regulations are the latest example,” Bob Greco, director of the American Petroleum Institute Downstream Group, told Newsmax.
The regulations, aimed at reducing the amount of sulfur emissions, will add as much as 9 cents, according to industry experts, although the administration insisted the cost at the pump would be lower.
The Washington Post quoted a senior administration official saying the new standards would cost less than a penny a gallon and have the same environmental impact as taking 33 million cars off the road.
Congressional Republicans lashed out at the new regulations.
“The Obama administration cannot be more out of touch,” GOP Rep. Ed Whitfield of Kentucky, chairman of a House Energy subcommittee, told Newsmax. “With hard-pressed families already struggling to afford each fill-up, Congress needs to take a hard look at any new EPA regulation that may raise the price at the pump.
More @ Newsmax
Pikes for polititians and their puppets...bureaucrats.
ReplyDeleteMiss V
Where will we find pikes this day and age? Maye ye old Pecan trees will do.:)
DeleteOh, we have lots of tamarack (larch) here...lots and lots of them...
ReplyDeleteMiss V
...we also have lots of cedar, if we want them to last a long time we could use those. ;)
EPA, DHS, DoE, IRS, FDA, et al. All of these "agencies" and their counterparts are making up and enforcing unlawful edicts as if they were law without being vetted by our elected representatives. No person or company should comply with any of it until each and everyone one of these agency's rules are approved by both houses of congress. At a minimum.
ReplyDeleteGet rid of them all.
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