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Shell, BP Break With Trade Group Calling for Repeal of Renewable Fuel Standard

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Shell and BP have diverged from the oil and gas industry’s main trade groups, which are calling for Congress to remove the Renewable Fuel Standard (RFS), a federal mandate that compels gasoline makers to blend in ethanol and other renewable fuels.

Taking a more moderate approach, the companies are instead looking for the eight-year RFS to be modified.

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