The two major US automakers made a great announcement for the US ethanol industry today. Check out what The Hill reported:
Ford and General Motors Inc. have approved use of a higher concentration of ethanol fuel in new vehicles — a significant victory for the biofuels industry.
New GM and Ford vehicles will accept a fuel blend that’s 15 percent ethanol, as opposed to the standard 10 percent blend. For GM, that will begin with 2012 models, while Ford will accommodate the fuel in 2013 models, according to Oil Price Information Service, which first reported the news.
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