Renewable Fuel Prices Driven by Federal Policies

infozine.com (Kansas City)
Wednesday, April 15, 2009
University of Missouri analysts say that the effect was neither catastrophic nor negligible, and that today's ethanol prices are based on government policies and oil prices.

Columbia, MO - infoZine - "Going green," driving hybrid cars and looking for alternative energy sources have been part of a national conversation in the past several years. As oil prices climbed to their 2008 peaks, ethanol production also multiplied exponentially. Many claimed that the demand for, and production of, ethanol had a direct effect on feed prices for hogs and cattle, but others said ethanol consumption had almost no effect on other users. University of Missouri analysts say that the effect was neither catastrophic nor negligible, and that today's ethanol prices are based on government policies and oil prices.

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