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timhyma

07/22/08 6:42 PM

#131 RE: OldPro #130

decision was delayed

The EPA administrator said Tuesday he needed more time to announce whether he will roll back the law mandating a five-fold increase in annual ethanol production to 36 billion gallons. Texas Gov. Rick Perry, who has sought the waiver, said the mandate is contributing to high corn prices that are hurting the state's beef, chicken and dairy industries through higher feed costs.

http://news.ino.com/headlines/?newsid=20080722014019