Oil Industry: EPA Going “Too Far, Too Fast” On Diesel

Wednesday, June 21, 2000
The U.S. oil industry locked horns with environmental regulators last week over a new proposal to make diesel burn cleaner. The Environmental Protection Agency (EPA) proposed this spring to reduce the sulfur content in diesel by 97 percent, starting in 2007, as a way of cutting back on toxic emissions. But at a hearing on the green diesel proposal, oil industry representatives said the EPA was going "too far too fast" and that the rule could cause fuel shortages and surging prices similar to those now experienced by consumers of gasoline in the Midwest. Oil industry representatives estimated the EPA's proposal would cost U.S. refiners roughly $10 billion in upgrades and new equipment and would likely knock out 30 percent of current diesel production. They compared the proposal to a new EPA anti-smog requirement for gasoline commonly blamed for record high prices in the Midwest, which have soared as much as 50 cents higher than the national average of $1.64 a gallon. The EPA said it is accepting written statements on its proposal until August 14, at which point it will close its hearing and beginning drafting an official regulation.
Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

Havyard OSV Delivered, Christened in Iceland

‘Polarsyssel’, a Havyard 832 L WE designed offshore supply vessel has been delivered from Havyard Ship Technology’s yard in Leirvik in Sogn to the Icelandic shipping company Fafnir Offshore.

Nigerian Minister Pledges $1.3 bln for Power Companies

Nigeria's oil minister announced a 213 billion naira (1.3 billion US dollar) bail-out package for power companies on Saturday, nearly a year after the sector was privatised.

Rosneft says Exxon Still Continues to Work With it in Arctic

Russia's biggest oil producer Rosneft said on Saturday that Exxon Mobil was still continuing exploration drilling at their joint project in the Arctic Kara Sea.

Environmental

MHPS's DeNOx System For Power Plant in Poland

Mitsubishi Hitachi Power Systems (MHPS) has received an order from ENEA Wytwarzanie S.A., a power producer in Poland, for two sets of selective catalytic reduction

Voith Hydropower Equipment for Thailand's Storage Plant

Voith has been awarded a new contract to supply the complete electromechanical equipment for a pumped storage power plant in Thailand. The order for the extension

HERCULES-2 Phoenix Rises from the Ashes

Wärtsilä Corporation advises that the HERCULES R&D programme to develop large engine technologies, which was initiated in 2004 as a joint vision by the two major European engine manufacturing groups,

 
 
Maritime Careers / Shipboard Positions Maritime Standards Pipelines Pod Propulsion Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2416 sec (4 req/sec)