Center for Advanced BioEnergy Research, University of Illinois at Urbana-Champaign

Wednesday, October 27, 2010

How and why did energy-producing states skirt the US recession?

Biofuels Digest
October 25, 2010 Jim Lane

A new Biofuels Digest report found that states that produced enough energy to meet their internal demand for gasoline maintained growth rates 2.5 times above the national average, and either completely avoided the 2007-09 recession or experienced a lighter version of it. These states maintained a GDP growth in 2007-08 at five times the rate of states that were less than 20 percent energy independent.

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