The Atlantic: How Did America Become a Net Fuel Exporter? Thank the EPA!
“The investment that made those exports possible didn’t happen by accident. Nor was it purely due to the forces of capitalism. In 2001, the EPA issued a new rule that reduced the amount of sulfur allowed in highway diesel fuel by 97%, from 500 parts per million to just 15. [snip] As a result, U.S. refiners now make a product that’s more ready for the global marketplace.”
01/04/12 • 09:17 PM •
Consumption •
Economics •
Environmental •
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Nature •
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