Bloomberg Business Week
The Associated Press
June 7, 2010, 5:18PM ET

DECATUR, Ill. --Archer Daniels Midland Company said Monday it will ask the Environmental Protection Agency to approve ethanol-gasoline blends containing up to 12 percent ethanol for all cars.

The agribusiness company said it still supports a long-term effort to require a 15 percent ethanol blend, but it's unclear if older cars can run efficiently on the stronger 15-percent formula.

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