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Reuters: Texas Gov. Rick Perry on Friday asked the U.S. government to cut "skyrocketing" food prices by waiving half of the renewable fuel standard for ethanol made from grain. The Republican governor from the oil-producing state said in a statement that such a waiver was "the best, quickest way" to ease rising food costs before lasting damage was done. "We're diversifying our state's energy portfolio at a rapid rate, but this misguided mandate is significantly ... Read »