Another gas, grocery shock: How flooding will cost you
THE ARIZONA REPUBLIC reports the flooding in Iowa and its neighboring states will further inflate gas and food prices
since it is forcing truck and rail industries to use alternate, more expensive routes to transport goods.
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Corn equals record high on floods, soy up
REUTERS reports corn futures reached a record high on Wednesday, partially due to floods that have been destroying
crops in the Midwest. Additionally, soy prices are on the climb as well.
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NASDA Refutes Request to Waive Ethanol Standard
USAGNET reports on the request made by Texas Gov. Rick Perry to the Environmental Protection Agency that they relax
the ethanol mandate since he believes the production of ethanol is driving up food prices.
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EPA Recognizes Iowa Ethanol Plant with Exceptional Energy Savings
USAGNET reports on the awards given to POET Bio-refining in Ashton, Iowa, and East Kansas Agri-Energy, LLC in Garnett, Kan.,
by the EPA, for substantially reducing green house gas emissions and energy consumption.
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Congress takes aim at oil speculators
CNN MONEY.COM reports Congress may devise a list of rules that would regulate oil speculation by Wall Street since people
are placing some blame on them for the soaring prices of oil.
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