A council of US congressional lawmakers is poised to file long-awaited legislation that would allow for year-round, nationwide sales of higher-
The council’s proposal would also limit exemptions from annual biofuel-blending mandates to companies that process fewer than 75,000 barrels of crude oil a day across all their facilities, according to a document seen by Bloomberg News. It would also allow for exemptions for refineries that are at risk of closure, permanent idling or conversion to a renewable fuel production facility, the document shows.
Lawmakers plan to file the legislation on Wednesday.
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