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Farmers fear ethanol talks could 'destroy' rural economy

Ethanol and oil are fighting over market share today, as the highway of tomorrow looks very different. “You're going to be looking at maybe less liquid fuel being used than we are today, whether it's electric vehicles coming on or fuel efficiency getting better, cars with better gas mileage,” said Troy Bredenkamp, Executive Director of Renewable Fuels Nebraska. Oil state senators like Ted Cruz say the Renewable Fuel Standard (RFS) is broken, and he has said jobs at oil refineries are at stake.“These are blue–collar, working–class jobs, the kind that are the backbone of our economy, the kind that keep refineries going,” Cruz said in a speech on the Senate floor.But corn growers fear one proposed solution would immediately cut ethanol consumption by a billion gallons a year.“That would literally destroy the Midwest,” said Jan tenBensel, chair of the Nebraska Ethanol Board.

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