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Gasohol: Prospects and Implications

Author

Listed:
  • Meekhof, Ronald
  • Gill, Mohinder
  • Tyner, Wallace
Abstract
Gasohol, a mixture of 90 percent unleaded gasoline and 10 percent anhydrous alcohol, has become commercially viable as a motor fuel because of Federal and State subsidies and high prices for petroleum. Significant alcohol production using corn as a feedstock would lead to higher corn production and prices and somewhat lower soybean production and prices. The impact on the U.S. balance of trade would be negligible at current petroleum and commodity prices. High levels of corn use in alcohol production could reduce stocks substantially, and thereby destabilize corn, livestock, and food prices.

Suggested Citation

  • Meekhof, Ronald & Gill, Mohinder & Tyner, Wallace, 1980. "Gasohol: Prospects and Implications," Agricultural Economic Reports 307886, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uerser:307886
    DOI: 10.22004/ag.econ.307886
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    File URL: https://ageconsearch.umn.edu/record/307886/files/aer458.pdf
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    Citations

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    Cited by:

    1. Dobbs, Thomas L. & Hoffman, Randy & Lundeen, Ardelle, 1982. "Evidence on the Economic Feasibility of Small-Scale Fuel Alcohol Production," Economics Staff Papers 232159, South Dakota State University, Department of Economics.
    2. Hettinga, W.G. & Junginger, H.M. & Dekker, S.C. & Hoogwijk, M. & McAloon, A.J. & Hicks, K.B., 2009. "Understanding the reductions in US corn ethanol production costs: An experience curve approach," Energy Policy, Elsevier, vol. 37(1), pages 190-203, January.
    3. Dobbs, Thomas L. & Hoffman, Randy & Lundeen, Ardelle, 1984. "Economic Prospects For Small-Scale Fuel Alcohol Production," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 9(1), pages 1-9, July.
    4. Hoff, John D., 1981. "The Feedback Effects Of Higher Oil Prices On Production Of Biomass Alcohols And Synfuels," 1981 Annual Meeting, July 26-29, Clemson, South Carolina 279388, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    5. Sharples, Jerry A., 1981. "Crops For Food Or Fuel: An Estimate Of The Tradeoff," 1981 Annual Meeting, July 26-29, Clemson, South Carolina 279387, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    6. Turhollow, Anthony F., Jr., 1982. "Large-scale alcohol production from corn, grain sorghum, and crop residues," ISU General Staff Papers 198201010800009390, Iowa State University, Department of Economics.
    7. Tyler, Wallace E., 1980. "Our Energy Transition: The Next Twenty Years," 1980 Annual Meeting, July 27-30, Urbana-Champaign, Illinois 278394, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

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