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Industry groups stir opposition to a cap-and-trade expansion they say will lead to higher gas prices

2014-06-30 09:09:03| Oil & Gas - Topix.net

In a conference call with oil industry analysts in late 2012, Mike Wirth, a Chevron Corp. executive, took stock of California's greenhouse gas reduction policies and warned that the state's plan to expand its controversial cap-and-trade program to vehicle fuels in 2015 would result in higher prices at the pump.

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