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Oil industry, U.S. regulators mulling new testing standards

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WASHINGTON -- U.S. transportation officials and leaders of the oil industry are mulling whether standards for testing crude must be updated in light of several oil-by-rail mishaps.

The American Petroleum Institute, the leading voice for the sector, has convened industry experts to develop new testing standards in a move that could help regulators, a senior Department of Transportation official said on Wednesday.

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