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Doyle exempts ethanol from minimum markup law

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Gov. Jim Doyle has directed state regulators to let businesses sell ethanol-based fuel at lower prices than Wisconsin's "minimum markup" law would normally allow.

Doyle's order was prompted by a situation in Monroe, where Badger State Ethanol dropped the price on its E-85 fuel to a little more than two dollars per gallon over Memorial Day weekend.

At the time, the state notified the company that based on prices elsewhere, they should have been charging about a dollar more.

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