REPORT: Half of California gas stations could face closure for failing to install costly new nozzles
Unfortunately, the narrow margins of gas retailing and high cost of the nozzles has made stations owners reluctant to spend the money. The equipment costs roughly $11,000 per pump.
Starting April 1, stations that haven't upgraded will start to face fines that will be ramped up toward the end of this year. Stations that haven't made the changes by the end of 2009 face closure.
[Source: Los Angeles Daily News | Image: Justin Sullivan/Getty]
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