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UPDATE 2-U.S. gasoline inventories lowest since 1967 - Govt

(Recasts, adds Bodman comments)

By Tom Doggett

WASHINGTON, Sept 24 (Reuters) - U.S. gasoline inventories shrunk to the lowest level since 1967 after Hurricanes Gustav and Ike shut Gulf Coast oil refineries, but the Bush administration said there is still no need to ask for emergency