Does anyone know if the rule applies only to domestic refineries? I believe the US imports considerable amounts of refined petroleum products. It may be the Venezuelan and other offshore refineries won’t make the capital investment in equipment to meet the standards, no matter what the EPA says.
I suspect the long term strategy of the leftists is to move the goal post to a place where the standards are unachievable. Then the regulators will use heavy fines to punish the evil oil companies. This stealth regulatory “tax” via fines on big corporations seems another strategy of the executive branch to assume the taxing powers of Congress.
I’ve noticed under Obama every few days there seems to be a story in the media about some company agreeing to millions, or in the case of some financial institutions billions, in fines imposed by some regulatory agency. We’ve also seen the same with companies threatened with lawsuits by the Justice Department settling for millions without going to court. It seems our current administration uses every tool of government to achieve its redistribution goals.
The requirement is for the product sold, not how it is refined.
I believe the US imports considerable amounts of refined petroleum products.
It is a relatively small percentage compared to what we use.