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The administration’s backward energy policy is not helping to reduce gasoline prices and the proposed $85 billion tax increase on America’s oil and natural gas industry could result in less oil and natural gas for consumers, higher energy costs and the stifling of job creation while increasing the volatility of gasoline markets. This document demonstrates how the administration’s counter-productive approach to energy policy is at odds with the administration’s own “all-of-the-above” statements.
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The Energy Independence and Security Act of 2007 significantly increased the Renewable Fuel Standard (RFS).
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A report by Baker and O'Brien, Inc. that examines the potential supply and cost impacts of lower sulfur, lower RVP gasoline standards currently being considered by EPA.
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Several states have considered legislation that requires the availability of gasoline without ethanol. API opposes these restrictions that conflict with the federal Renewable Fuels Standard.
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The Midwestern Governors Association is proposing a process whereby states can participate in a regional uniform Low Carbon Fuel Standard.
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The EPW Subcommittee on Clean Air and Nuclear Safety held a hearing on April 1, 2009 entitled “Oversight – the Environmental Protection Agency’s Renewable Fuel Standard” API provided a statement on behalf of America’s oil and natural gas industry.
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The U.S. Environmental Protection Agency (EPA) has issued new standards to improve air quality. To meet EPA standards, the petroleum industry is producing Ultra Low Sulfur Diesel (ULSD) fuel, a cleaner-burning diesel fuel containing a maximum 15 parts-per-million (ppm) sulfur. In combination with cleaner-burning diesel engines and vehicles, ULSD fuel will help to improve air quality by significantly reducing emissions.
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API Comments to EPA’s proposed rule establishing the volumetric requirements of the Renewable Fuels Standard for 2012.
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A Letter to EPA Administrator Jackson in response to a recent letter to EPA from the Alliance of Automobile Manufacturers. API identifies erroneous claims from the auto industry in calling for reduced sulfur standards in gasoline.
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API comments to the Northeast States for Coordinated Air Use Management on the economic analysis of a Low Carbon Fuel Standard in the Northeast. API identifies the deficiencies of the NESCAUM report and issues relating to the implementation of a cost-ineffective, nontransparent and infeasible mandate.
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