Ethanol Production and Gasoline Prices: A Spurious Correlation

Ethanol made from corn comprises 10% of U.S. gasoline, up from 3% in 2003. This dramatic increase was spurred by recent policy initiatives such as the Renewable Fuel Standard and state-level blend mandates and supported by direct subsidies such as the Volumetric Ethanol Excise Tax Credit. Some propo...

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Bibliographic Details
Main Authors: Smith, Aaron (Author), Knittel, Christopher Roland (Contributor)
Other Authors: Sloan School of Management (Contributor)
Format: Article
Language:English
Published: International Association for Energy Economics (IAEE), 2015-09-24T13:58:24Z.
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