Obama Gas Plan Could Cause Price Hike
The Obama administration wants oil companies to pump cleaner gas, but it could cost consumers.
FOX News Radio’s Jared Halpern reports from Washington:
By 2017, the Obama administration wants less sulfer in gasoline and better emissions standards for cars, but it could come at a cost.
An oil industry study says the proposed rules will increase the price at the pump by as much as nine cents a gallon.
The Environmental Protection Agency estimates less than a penny a gallon increase, and the EPA says the cleaning up gas and auto emissions will yield billions of dollars in health benefits by slashing smog and soot pollution.
In Washington, Jared Halpern, FOX News Radio.
