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EPA proposes lowering requirements for ethanol in gas

The nation's gasoline supply likely will have more ethanol in coming years — but not as much as was required by federal law. The Obama administration's proposed renewable fuel standard won't have much of an impact on gas prices, but could become an issue in the 2016 presidential elections, especially in farm states that have profited over the years from higher corn prices linked to the use of corn-based ethanol. Campaigning in Iowa, Democratic presidential candidate Hillary Rodham Clinton has called for a robust renewable fuels standard. The proposed standards also represent a blow to renewable fuel companies that have pushed to keep high volumes of their product...

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