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U.S. oil refineries will face tighter standards in coming years on toxic emissions that cause lung problems and increase cancer risks, environmental regulators said on Tuesday. The Environmental Protection Agency finalized a rule, to be fully implemented in 2018, that aims to reduce emissions of benzene and other toxic emissions. The EPA said the capital cost to refiners will be about $283 million, with an annualized cost of $63 million, but that the standards will have a "negligible impact on the costs of petroleum products," like gasoline and diesel fuel.Continue reading...
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