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Friday, March 29, 2013

Obama's EPA Raising Gas Prices 6-9 Cents/Gallon

What world is President Obama living in?  The economy is still bad off, unemployment and underemployment is high and average income is down but his administration still looks for ways to screw the American people.  


Today the EPA is releasing new car emissions standards and a reduction of  the amount of sulfur allowed in gasoline.  According to the agency this move will raise the price of gasoline less than a penny a gallon.

Keeping in mind that this is the administration that promised that Obamacare would lower insurance premiums, one couldn't be faulted when casting a suspicious eye on the EPA's estimate. Perhaps more believable is the oil industry study which  says the proposed rule could increase gasoline prices by 6 cents to 9 cents a gallon.

The so-called Tier 3 standards would reduce sulfur in gasoline by more than 60 percent and reduce nitrogen oxides by 80 percent, by expanding across the country a standard already in place in California. For states, the regulation would make it easier to comply with health-based standards for the main ingredient in smog and soot. For automakers, the regulation allows them to sell the same autos in all 50 states.

The Obama administration already has moved to clean up motor vehicles by adopting rules that will double fuel efficiency and putting in place the first standards to reduce the pollution from cars and trucks blamed for global warming.

"We know of no other air pollution control strategy that can achieve such substantial, cost-effective and immediate emission reductions," said Bill Becker, executive director of the National Association of Clean Air Agencies. Becker said the rule would reduce pollution equal to taking 33 million cars off the road.
But the head of American Fuel and Petrochemical Manufacturers, Charles Drevna, said in an interview Thursday that the refiners' group was still unclear on the motives behind the agency's regulation, since refining companies already have spent $10 billion to reduce sulfur by 90 percent. The additional cuts, while smaller, will cost just as much, Drevna said, and the energy needed for the additional refining actually could increase carbon pollution by 1 percent to 2 percent.

"I haven't seen an EPA rule on fuels that has come out since 1995 that hasn't said it would cost only a penny or two more," Drevna said.
This change will have very little if any effect on carbon pollution the real reason the EPA is pushing this new standard is the President's stated goal to increase energy costs so he can move people off fossil fuels--no matter what it does to the economy or the added expense to middle and lower class families.

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