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To help meet future U.S. energy demand growth and to diversify the U.S. energy portfolio, U.S. oil and gas companies invested an estimated $121.3 billion from 2000 through 2007 on emerging energy technologies in the North American market.
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Within the next few years, the Renewable Fuels Standards will require more ethanol than can be physically blended into gasoline.
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A “boutique fuel” is a specialized fuel formulation that is unique to a particular market, usually by virtue of federal, state or local laws, and that cannot be obtained from other markets in the same regional distribution system.
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