TITLE

Economists' Report: Ethanol Lowers the Price of Gasoline

PUB. DATE
May 2012
SOURCE
National Hog Farmer Expert Blog;5/15/2012, p2
SOURCE TYPE
Blog Entry
DOC. TYPE
Article
ABSTRACT
The article discusses the report by economists on the use of ethanol for cutting gasoline price in the U.S. Economists Dermot Hayes and Xiadong Du say that without ethanol being combined with gasoline, gas price would be nearer to five U.S. dollars. Moreover, the U.S. Department of Agriculture (USDA) states that corn processing for making ethanol would not grow much in 2011-2012. It states that since gasoline demand is declining because of the recession, ethanol demand is not increasing.
ACCESSION #
77424255

 

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