WASHINGTON, Sept. 2, 2011 /PRNewswire-USNewswire/ -- National Petrochemical & Refiners Association President Charles T. Drevna issued the following statement after President Obama announced today that he has directed the Environmental Protection Agency to withdraw proposed rules to limit ozone:
"President Obama has acted in the best interests of America's workers, families and economy by telling the Environmental Protection Agency to cease and desist in its effort to impose unrealistic, unjustified and unneeded new ozone standards on our nation.
"The extreme standards EPA was considering would have caused devastating harm, wiping out millions of American jobs and costing our economy more than $1 trillion over a decade, without any significant environmental or health benefits. This is the last thing our nation needs with the unemployment rate stuck above 9 percent.
"We appreciate that President Obama has renewed his call for reducing regulatory burdens, and want to work with him and his administration to further this important goal. America's leaders need to make a realistic cost-benefit assessment of what is possible and desirable before imposing further regulatory burdens that would weaken our economic and national security."
SOURCE National Petrochemical & Refiners Association