U.S. EPA moves to deny refiner requests to change biofuels program

[WorldNews]

By Chris Prentice NEW YORK (Reuters) - The U.S. Environmental Protection Agency (EPA) said on Thursday it plans to deny several petitions from oil groups to change the country's biofuels program, an issue that has deeply divided the petroleum industry. The oil industry has spent millions lobbying against the Renewable Fuel Standard (RFS), a 2005 policy that establishes annual targets for the volume of biofuels that need to be blended with gasoline and diesel. Petroleum companies say it will take major overhauls to fueling station infrastructure and vehicle design before they can meet biofuel targets set by Congress.

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