API: EPA's new gasoline rules would raise fuel prices

03/28/2013 | Bloomberg Businessweek

Sulfur amounts in gasoline would be reduced from 30 parts per million to 10 parts per million under a draft policy that the Environmental Protection Agency will propose. Such a plan would increase production costs for gasoline by 9 cents per gallon, said Bob Greco, the American Petroleum Institute's downstream director. "There is a tsunami of federal regulations coming out of the EPA that could put upward pressure on gasoline prices," Greco said.

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