Study says ethanol decreased wholesale gas prices by $1.09 per gallon in 2011

May 18, 2012
The production of ethanol in the U.S. reduced wholesale gasoline prices by an average of $1.09 per gallon in 2011. The research, authored by Professors Dermot Hayes and Xiadong Du, is an update of a 2009 report from CARD based on the impact ethanol has on gasoline prices.

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