TITLE

Ethanol Hoax Spreads Economic Havoc

AUTHOR(S)
Williams, Walter E.
PUB. DATE
March 2008
SOURCE
Human Events;3/17/2008, Vol. 64 Issue 10, p7
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The author reflects on the economic impact of misconceptions about the benefits of ethanol as fuel in the U.S. He mentions that using ethanol as fuel can cause major damage to automobile engines not specifically designed to burn ethanol and it also risks pipeline corrosion. He asserts that ethanol is more expensive compared to gasoline as it is 20% to 30% less efficient. He believes that the ethanol-induced higher grain prices in the U.S. will have a worldwide impact on food prices.
ACCESSION #
31423341

 

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