American households are saving between $100 and $510 a year at the pump thanks to the growing use of ethanol. A recent analysis calculated the savings based on reports from Merrill Lynch, Iowa State University, and the Energy Information Administration to determine the range.
By comparison, biofuels are responsible for just $15 of the year over year increase in food prices, based on government statistics. Now, that’s a fact the spin doctors at the Grocery Manufacturers Association are unlikely to use.
Read the report here.
Download it.

Leave a Reply