"Refiners Push EPA to Scrap Gasoline Rule That Automakers Want"

"Refiners are pushing the U.S. Environmental Protection Agency to delay tighter pollution rules for gasoline, while automakers say they need the cleaner fuel."

"The rules will probably be delayed beyond an EPA deadline of this month. The agency hasn’t sent them to the White House for review, a process that can take 90 days to complete. And EPA Administrator Lisa Jackson already pledged that the agency will limit its rules -- whenever they come out -- to a cut of sulfur in gasoline.

Despite the delay and rising gas prices, lobbyists representing Ford Motor Co. (F) and General Motors Co. (GM) aren’t backing down from the fight against refiners such as Tesoro Corp. (TSO), as they argue that cleaner gasoline is necessary to help them realize pledged fuel-economy improvements."

Mark Drajem reports for Bloomberg March 14, 2012.

Source: Bloomberg, 03/15/2012