Biofuels to curb oil growth

Ethanol may stop plans for new refineries, raise gas prices
Monday, June 18, 2007 | 12:00 a.m. CDT; updated 7:02 p.m. CDT, Monday, July 21, 2008

WASHINGTON — A push from Congress and the White House for huge increases in biofuels such as ethanol, is prompting the oil industry to scale back its plans for refinery expansions — which could keep gasoline prices high, possibly for years to come.

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