- Category: Bioenergy
15 May 2012
- Published on Tuesday, 15 May 2012 20:29
- Hits (4030)
The use of domestically produced ethanol as a fuel additive by Americans has reduced wholesale gasoline prices by an average of $1.09 per gallon in 2011, according to research from the University of Wisconsin and Iowa State University. The researchers say higher oil and gasoline prices, increased ethanol inclusion, and ethanol having larger discounts to gasoline were the primary factors for the price drop last year.
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