HAT Energy Center
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Update to Study Improves Ethanol’s Gas Price Impact
15 May 2012
If Indiana Republican Senate candidate Richard Mourdock doesn’t believe ethanol blended in gasoline has an 89 cents per gallon positive impact for motorists, as was debated before the May primary, he probably won’t believe the updated report released Tuesday. The addendum to the 2009 report from the Center for Agricultural and Rural Development (CARD) on the impact of ethanol on domestic gasoline prices says in 2011 ethanol reduced wholesale gasoline prices by $1.09 per gallon nationally. “Because ethanol is displacing ten percent of the nation’s liquid transportation fuels today, it’s sold coast to coast and border to border, it’s having [...]
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