The EPA pushed by the Agriculture industry is lobbying for higher Ethanol limits in pump gasoline with proposed changes to take affect later this summer. As always theres multi sides to the story: Fuel producers/suppliers argue the agriculture industy is attempting to boost sagging crop sales/profits and the added expense will be passed on to consumers. If approved the result will be to finally force per gallon fuel prices above the $5.00 mark, permanently. Resulting in another blow to an already troubled economy and forcing crop whole sellers to leverage remaining supplys at higher prices forcing food suppliers and ethanol suppliers to compete for the same product, at you guessed it, higher prices to be passed on to consumers. Auto mfgrs have stated their opinion on the issue by simply stating Ethanol use in engjnes promotes/creates increased corrosion in engines, this corrosion issue is not covered under vehicle mfgr warranties and increased coverage on the mfgrs part is not a negotiable option. Additionally Ethanol has also been proven to reduce fuel mileage and increased use will affect CAFE standards negatively, if passed some favored model vehicles may no longer be produced as without major reengjneering they would never pass existing standards. Reengineering would be so prohibitively expensive the mfgrs would be forced to forgo the product or possibly face financial issues attempting to develop product. Ag industy has stated they, and they alone with the production of Ethanol have reduced the U.S. dependency on foreign oil from 65% to 41% and prevented untod levels of polution from being developed. The proposal their backing would further reduce polution and decrease dependency by at least another 15 to 20%. While allowing the farming industry to flourish and develop new markets and increased crop yield that would eventually decrease overall operating costs. ( no statement on how/whether consumers would benefit on this savings in their pocket book).