Gasoline prices could be moving higher, if the EPA restricts the sulfur content in gasoline in addition to its push for increased ethanol requirements despite flat to declining demand for gas.
The proposed mandates could slightly increase gas prices in the near term, but the biggest worry is the effect the increased expenses will have on the traditionally tight-margin refining industry. The American Petroleum Institute estimates a $2.4 billion yearly expense for the refining sector, which could force some refiners to close their doors and, in effect, restrict supply and raise fuel costs. Check out the following video for more information.
There are many different ways to play the energy sector, and The Motley Fool's analysts have uncovered an under-the-radar company that's dominating its industry. This company is a leading provider of equipment and components used in drilling and production operations and is poised to profit in a big way from it. To get the name and detailed analysis of this company that will prosper for years to come, check out the special free report: "The Only Energy Stock You'll Ever Need." Don't miss out on this limited-time offer and your opportunity to discover this company before the market does. Click here to access your report -- it's totally free.