WASHINGTON—The U.S. Environmental Protection Agency (EPA) last week finalized its Fuels Regulatory Streamlining Rules to modernize existing regulations for gasoline, diesel and other fuels to help reduce compliance costs, EPA announced. The agency estimates the rule will save $40.4 million per year, largely from reduced administrative costs.
The rule updates fuels regulations by deleting expired or redundant compliance provisions such as duplicative registration requirements, removing unnecessary and out-of-date requirements, and replacing them with a single set of provisions and definitions, EPA said.
“By finalizing this action today, we’ll start 2021 with a set of streamlined fuel regulations that save industry, government and the U.S. economy millions of dollars annually without sacrificing environmental protection,” said EPA Administrator Andrew Wheeler.
In June, NACS submitted its recommendations to the agency expressing general support of EPA’s draft proposed rule.
In comments to the agency, NACS, along with SIGMA and NATSO, expressed support for much of the proposal. The groups shared, “On the whole, we support the agency’s proposal to streamlining existing fuel regulations in Part 80 and support elimination of redundant and obsolete regulations. The proposed regulatory changes will facilitate compliance with fuel and environmental regulations while simultaneously reducing regulated parties’ compliance costs and potentially lowering the fuel costs for American consumers.”
The final rule, which takes effect on January 1, 2021, doesn’t change the stringency of the existing fuel quality standards.
Read the final rule here, plus the EPA fact sheet here.
Look for more coverage later this week, including a NACS-members-only memo to help retailers understand the changes.