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More ethanol in gas
Farmers, big oil don't like Fed plan
Ethanol in Gasoline  Heal
In this Nov. 1, 2014 file photo, an American Ethanol label is shown on a NASCAR race car gas tank at Texas Motor Speedway in Fort Worth, Texas. The Obama administration is proposing to reduce the amount of ethanol blended in the nation's gasoline, a blow to renewable fuel companies that have pushed to keep high volumes of their product flowing into drivers' gas tanks. The move is unlikely to mean much for consumers or prices at the pump.
WASHINGTON — The Obama administration's latest plan on ethanol, the corn-based renewable fuel, probably will not have a major effect on pump prices, but could have political reverberations in Iowa and other farm states in the 2016 presidential campaign. Under the proposed rule announced Friday, the amount of ethanol in the gasoline supply would increase in coming years, just not as much as set out under federal law. That approach drew criticism from ethanol and farm groups that have pushed to keep high volumes of ethanol in gasoline.
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