Frank Lovece writes on Habitatmag.com - “Co-op and condo boards and residents can get ready to breathe easier — and to possibly pay through the nose. New York State Governor David Paterson on Tuesday followed a path blazed by Maine and Connecticut as he signed into law legislation mandating low-sulfur heating oil.

Beginning July 2012, the sulfur content of No. 2 heating oil will be limited to no more than 15 parts per million, down from the approximately 2,000 to 15,000 parts per million typical today. Achieving this will require oil companies to refine No. 2 oil more so than now. Whether this will result in higher costs for consumers depends on a plethora of factors, including the supply of oil generally as well as economies of scale as refineries ramp up to produce low-sulfur oil for, now, three Northeast states…

Among the opposition was the Business Council of New York State, which stated that the measure “will increase prices on oil providers who will be forced to make major capital investments to meet the requirements of this bill. These costs will ultimately get passed on to consumers.”"

To read more click here.