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Our View on Gasoline Costs and Regulation
The editorial argues excess regulation and taxation raise pump prices alongside global oil factors. It cites refinery declines from 321 to 149 plants since 1980 and imports, noting environmental rules drive costs. Democrats blame regulators lightly while GOP leaders warn of high compliance costs and slow new refinery building.
MENTIONED IN THIS ARTICLE
OPEC
Strategic Petroleum Reserve
SPR
Arctic National Wildlife Refuge
Senate
National Petrochemical and Refiners Association
U.S
Canada
Venezuela
Caribbean
Society of Independent Gasoline Marketers of
America
Senate Environment and Public Works Committee
California
Barbara Boxer
Environmental Protection Agency
Boxer
Shell Oil Co
Anwr
Jim Inhofe
Oklahoma
Inhofe
China
India
Oime