U.S. Environmental Imperatives and the Accelerated Export of Refining Capacity by Peter C. Fusaro

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01/27/2010

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This article discusses the impact of U.S. environmental regulations and liability issues in accelerating the export of U.S. refining capacity. Wri... (More) This article discusses the impact of U.S. environmental regulations and liability issues in accelerating the export of U.S. refining capacity. Written in the early 1990s, the author depicts the unintended consequences of the loss of U.S. refining capacity and the subsequent increased dependence of importing foreign sources of clear energy products as small, inefficient U.S. refiners were forced to close. The author uses the California market as an example of this trend.(This paper by Peter C. Fusaro, “U.S. Environmental Imperatives and the Accelerated Export of Refining Capacity,” was published as Occasional Paper 18. Boulder, Colorado: The International Research Center for Energy and Economic Development, 1992. ISBN 0-918714-34-6). (Less)