Regulations to chase refiners to third world

EPA regulations are also helping to constrain what should be another export opportunity.

Reuters reports:

… Excess capacity is distributed unevenly. The biggest surpluses are in North America, Europe and Japan, where demand for refinery products has been hit by the recession as well as increased vehicle efficiency and biofuels-blending mandates…

Read the entire report.

One thought on “Regulations to chase refiners to third world”

  1. Wow! A win-win for them! They can pay them nothing and poison them with impunity. What a great opportunity… To kill!

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