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Kloza says the EPA ruling has "calmed the markets down," but he doesn't think it will lead to sharply lower prices. "Anyone who says that (ethanol credits) add or subtract much to pump prices is pushing an agenda," he says. "It's just a couple of pennies, it's nothing." Kloza says gasoline prices should drift lower in the coming months, barring a disruption such as a major storm, because oil and gasoline supplies are high and demand is weak. "Every day in August that doesn't see a tropical storm is bearish," he says. "It's good news for drivers." Brent crude, traded on the ICE Futures exchange in London, fell 52 cents to $108.18 per barrel. In other energy futures trading on the Nymex: Heating oil fell 4 cents to $3.01 a gallon. Natural gas was flat at $3.32 per 1,000 cubic feet. Wholesale gasoline fell 4 cents to $2.92 a gallon.
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