Oil execs say volatile gasoline prices due to ethanol

Newswire

By Erwin Seba SAN ANTONIO, March 24 (Reuters) - California's increasingly volatile gasoline market may be a glimpse of what other U.S. states will face if they switch to ethanol-blended gasoline to cut pollution, refining executives said on Monday. California is seen as a bellwether as it this year began to transition to the use of gasoline mixed with ethanol, an alcohol made from grain, to help cut smog-forming vehicle emissions. But in the past month, wholesale prices for ...

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