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Higher ethanol blends could help U.S. economy

Written on May 16, 2009

Minot Daily News reports that a study by an ethanol advocacy group has shown that increasing the ethanol blend in gasoline from 10 to 15% could create over 136,000 new jobs and inject $24.4 billion into the U.S. economy annually. The report found that six billion more gallons of ethanol production capacity would be needed to meet the demand, resulting in the construction and operation of 60, 100 million gallon per year ethanol plants.

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