date:Jul 20, 2012
le Americans are forced to pay more for food, theyre also not seeing lower prices at the pump; its a lose-lose situation.
The study found that:
Ethanol added about $14.5 billion, or 10 cents a gallon, to motorists fuel costs in 2011 because its energy cost is higher than gasoline and because of its negative effect on fuel mileage.
Increased ethanol production since 2007 has had no effect on gasoline production or oil imports.
Corn used for ethanol production rose 300 percent from 2005 to