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Good economics or bad government?

Posted on August 29, 2008

From the Columbus Dispatch:State employees who use their personal vehicles for business drove about 5.2 million fewer miles in the past fiscal year than in the previous one, resulting in a $2 million reduction in mileage reimbursements, according to the Ohio Department of Administrative Services, the business arm of state government.Prices go up, quantity demanded goes down. So far so good.This year, employees who drive state-owned vehicles are shifting more to alternative fuels -- ethanol and biodiesel -- and away from regular unleaded gasoline. The state bought 80,000 fewer gallons of unle...

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Tags:
biodiesel , corn prices , demand , ethanol , ethanol fuel , fiscal , report
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