5/26/2005

The Energy and Natural Resources Committee approved legislative provisions requiring refiners to use 8 billion gallons of renewable components annually, mostly ethanol from corn, in gasoline by 2012, thereby doubling ethanol production. The oil industry mounted a major lobbying effort to defeat the legislation, arguing that expanding the requirement from the House-passed level of 5 billion gallons would increase fuel costs, mandate ethanol use in regions where it is not economical and provide only a minor reduction in oil imports.

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