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    • Ethanol Production and Gasoline Prices: A Spurious Correlation 

      Knittel, Christopher; Smith, Aaron (MIT CEEPR, 2012-07)
      Ethanol made from corn comprises 10% of US gasoline, up from 3% in 2003. This dramatic increase was spurred by recent policy initiatives such as the Renewable Fuel Standard and state-level blend mandates, and supported ...