DomesticFuel is providing a comprehensive source of news about the domestic fuel industry.

Visit Domestic Fuel

Ethanol Benefits Outweigh Costs

Posted on October 12, 2008

A senior economist with the nation's largest general farm organization says the benefits of ethanol outweigh the costs. During the Association of Equipment Manufacturers AgExecutive forum in St. Louis last week, American Farm Bureau senior economist Terry Francl said that the consumer is seeing a benefit from ethanol. The bottom line on the ethanol side is that although it has driven up the cost of things such as feed and food to a certain extent, for every extra dollar that consumers spend for food, they have reduced gasoline costs approximately $2. So it's a win-win situation for consume...

Original article link


biodiesel , ethanol