UPDATE 2-US energy bill would nearly double ethanol output

Newswire

(Recasts, adds amendments, edits) By Tom Doggett and Chris Baltimore WASHINGTON, July 25 (Reuters) - To stretch America's gasoline supplies, the leaders of a joint Senate-House conference committee racing to finish a U.S. energy bill agreed on Monday to almost double production of the motor fuel additive ethanol to 7.5 billion gallons a year by 2012. The ethanol compromise is larger than the 5 billion gallons approved by the U.S. House of Represenatives, but smaller than the 8 billion ...

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