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The EPA requirements adding ethanol to gasoline and the "alternative fuel" drive that Bush has been pushing is a gimme to the corn farmers in the middle of the country who, due to our rather odd electoral process, hold disproportionate sway in national elections.  Most corn is actually produced by giant agribusiness corporations that are extremely appreciative (read:remunerative) too. 

Oil companies,especially those with refining capacity, are unfazed. They'll gladly sell less oil at a higher price and greater total profit (neat how they pulled all this off).

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