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1. ETHANOL

Okla. senator says refiners are closing due to high RFS credit prices -- and industry hits back

In claims being disputed by the ethanol industry, an Oklahoma Republican is blaming federal renewable fuel policies for driving refineries to shut their doors. Sen. Tom Coburn yesterday said that two refineries in his state were in danger of closing within the year because of the high prices associated with renewable fuel standard credits. The senator said the refiners were losing millions of dollars because of the requirements.

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