Ethanol backers return critics' fire over gas prices - Omaha World-Herald

Article by Emily Nohr - March 19, 2013

Ethanol backers are fighting reports that the fuel is to blame for a run-up in gas prices.

Oil supporters say that the ethanol standards were set at a time when gasoline demand was expected to rise steadily. Instead, demand has declined, and refiners, forced to blend more ethanol than they can actually use, have resorted to buying a lot of ethanol credits, known as renewable identification numbers, or RINs, to meet federally mandated levels.

Renewable-fuel supporters say that oil stakeholders are incorrectly pointing to ethanol and an uptick earlier this month in the price of RINs for higher prices at the gas pump.

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