MIT/UC Davis professors challenge claims that ethanol production decreased gasoline prices in 2010 and 2011
Green Car Congress
JULY 17, 2012
Knittel/Smith results for implied gasoline price effects from elimination of ethanol for 2010 using Du/Hayes model and pooled-sample estimates. in 2010 and 2011, respectively. in 2010 and 2011, respectively. When we control for the energy costs of refining using oil and natural gas prices, the estimated effect is $0.13
Let's personalize your content