Study: Increasing ethanol blends boosts economy

Feedstuffs
(3/4/2009)
Jacqui Fatka

Growth Energy released a study today showing that increasing the ethanol blend in the nation's gasoline supply from 10 to 15% could create and support 136,101 new jobs and inject $24.4 billion into the American economy annually. The study examined the direct and secondary economic and employment impacts of increasing the ethanol blend in gasoline from 10 to 15 or 20%. Currently, a 30-year-old rule from the United States Environmental Protection Agency (EPA) has placed a 10% cap on the nation's ethanol usage. The study was conducted by a group of current and former faculty of North Dakota State University.

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