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Study finds ethanol demand suppresses crude oil prices

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WILLMAR -- Ethanol is the world's most widely used liquid biofuel in the transportation system with the United States currently the world's largest ethanol producer, providing a 57 percent share of global ethanol production.

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In 2010, about 13 billion gallons of ethanol were blended into the U.S. gasoline supply, accounting for about 9.5 percent of gasoline consumption.

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