Sentences with phrase «ethanol lowered gasoline prices»
CARD claims that from January 2000 to December 2011, «the growth in ethanol production reduced wholesale gasoline prices by $ 0.29 per gallon on average across all regions,» and that in 2011 ethanol lowered gasoline prices by a whopping $ 1.09 per gallon.
http://www.globalwarming.org/ Not exact matches
Even with the tariff, U.S. ethanol exports hit a record high in February, thanks largely to rising Brazilian demand as higher gasoline prices and low international sugar prices made ethanol more competitive at the pump.
Third, there can be — indeed, has been — a major impact in the U.S. motor fuels sector, where the market for biofuels (mainly ethanol) is negatively affected by low conventional gasoline prices.
According to a 2008 analysis by Iowa State University, the growth in U.S. ethanol fuel production caused retail gasoline prices to be 29 — 40 cents per gallon lower than would otherwise have been the case.