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Gasoline Prices Set to Rise if Corn Belt States Win Fuel Fight

January 9, 2023

Some Americans could end up paying more for their gasoline thanks to a plan by seven Midwestern state governors to boost the use of corn-based ethanol.

Their request is under review by the federal government. If adopted, it could be good news for corn farmers throughout the region, including the politically important state of Iowa.

But it would also force oil refiners supplying the Midwest to provide a specialized gasoline grade and construct new storage tanks and other infrastructure.

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