Thursday, October 20, 2005

High gas prices... who is to blame?

Mercury News proposes the idea that environmental regulations are not to blame for higher energy prices. The notion that refineries could not be built to keep up with supply does not hold water they say.
The article best point is:There is virtually no evidence that environmental regulations are impeding new refinery expansion or construction. The EPA reports that only one proposal to build a new refinery has been submitted in the past 29 years: a proposed refinery in Yuma, Ariz., that received approval within nine months.
The question of course becomes if it's not a environmental problem then what is the real issue? Their answer: getting serious about energy conservation -there certainly should be better laws in place requiring SUV's and trucks to have better fuel economy. Also putting forth legislation that will make it easier for the government to prosecute price gouging.
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