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As biofuels soar in popularity, the cost of filling Americans’ gas tanks could be influenced as much by hail in Iowa as by the bombing of an oil pipeline in Nigeria. - Inspired by Jad Mouawad, The New York Times

Two news items from Reuters: Total U.S. ethanol capacity will hit 9.25 billion gallons in 2008. Six new ethanol plants opened this month alone. "About a dozen" biofuel plants have filed for bankruptcy, victims of high prices for corn and soybeans.