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New Report On Ethanol Impact
By Mr Ethanol | May 9, 2008
Dakota Farmer:
Ethanol has reduced the price of gasoline from 17 to 39.5 cents per gallons, according to a new study by the Iowa State University Center for Agricultural and Rural Development.
The largest impact of ethanol on gasoline from 1995 t0 2007 was found in the Midwest region where gasoline prices were reduced by 39.5¢ per gallon.
The Gulf Coast region experienced a 24.6¢ reduction in the retail gasoline price, while for the West Coast and East Coast, the average price drop is about 23.3¢.
The smallest impact, a 17.1¢ reduction, is found in the Rocky Mountain region, mainly because of its comparatively low gasoline consumption.
Read the report here.
Topics: Ethanol, News, Research |
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