San Francisco Chronicle: California regulations designed to fight global warming could force half of the state's refineries to close, trigger fuel shortages and add $2.70 per gallon to the cost of gasoline, according to a study released Tuesday by an oil industry lobbying group. The study, issued by the Western States Petroleum Association, argues that California's upcoming cap-and-trade system to cut carbon dioxide emissions could wreak havoc with fuel supplies as early as 2015. So could the state's low carbon fuel standard,...
URL: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2012/06/19/BUMJ1P4HTJ.DTL&type=green
Enclosure: http://imgs.sfgate.com/c/pictures/2012/06/19/bu-gas20_ph_WRE0111709483_part6.jpg
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