The Economic Destruction Of The EPA: New Fuel Rules Could Bump Ocean Freight Rates By 8%

June 13, 2012

I wonder, do Chinese freighters have to abide by these new “fuels for dummies” rules? Or do they just burn old sulfur fuel like always? Lucky for us, the world doesn’t listen to the dumbasses at the EPA.

First I want to bring your attention to who publishes this. It’s not the New York Times, nope we get this from the Alaskan Journal of Commerce, who tells us … New fuel rules could bump freight rates by 8%. You woulkd think knowing that this “new rulke” from the EPA will raise freight costs across the board by 8% would be something imnportant that they would want people to know about. You know, all the news that’s fit to hide.

Well apparently not … Read here:

New low-sulfur fuel standards for marine ocean carriers go into effect Aug. 1, and the near-term result is likely to be a 20 percent to 25 percent hike in fuel costs for a special blended diesel carriers will have to use.

The switch in fuels is required to meet a 1 percent sulfur limit set by the U.S. Environmental Protection Agency, several shipping companies have said.

EPA drops the other shoe in 2015, when the sulfur standard is lowered to 0.1 percent.

One vessel operator, Totem Ocean Trailer Express Inc., or TOTE, estimates that a 25 percent increase in fuel costs to meet the EPA standard effective in August will translate to about an 8 percent increase in shipping rates, according to its president, John Parrott. TOTE operates general cargo vessels from the Port of Tacoma to Anchorage.

Horizon Lines Alaska LLC, which also operates general cargo vessels on the same route, has not yet releases its estimates of increased costs.

Both TOTE and Horizon Lines said no significant engine modifications will be needed to use the fuel blend, however.

I wonder why this doesn’t get wider circulation? Hmmm oh yeah, that’s right, it would hurt Obama if people figured out why stuff and “thing a ma-jigs” cost more.

Who knew …

I bet you still wonder why no o0ne builds a factory in the USA anymore …… Spread it far and wide, put the lamestream out of business.


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