Navigant Economics for the Emissions Control Technology Association (ECTA) / by George R. Schink, Ph.D.and Hal J. Singer, Ph.D.
[From an article in InsideEPA.com, sub. req'd] Environmentalists are touting a new study backed by the emissions control industry finding it is “very unlikely” that EPA’s upcoming “Tier III” fuel rule will cause gas price increases, saying the study rebuts the need for a House bill to stall the rule pending an assessment of its impact on gas prices.
The June 14 report… also seeks to refute a March 22 oil industry-backed study authored by the consulting firm Baker & O’Brien saying the rule would increase the per-gallon cost of manufacturing gasoline by between 6 and 9 cents. Baker & O’Brien based its prediction on expectations the rule will tighten the sulfur cap in gasoline from 30 parts per million (ppm) to 10 ppm.
EPA originally planned to issue the proposal earlier this year, though the agency’s “Rulemaking Gateway” says it is now slated for July. However…further delays are expected….