Motorists’ Willingness to Pay for E85 versus E10

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2017-01-01
Authors
Pouliot, Sebastien
Liao, Kenneth
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Pouliot, Sebastien
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Center for Agricultural and Rural Development
Abstract

In November 2016, the Environment Protection Agency (EPA) released the 􀏐inal rule for biofuel volumes under the Renewable Fuel Standard (RFS) for 2017. The total renewable fuel volume requirement for 2017 is 19.28 billion gallons, up from 18.11 billion gallons in 2016. Of the total renewable fuel volume, 15 billion gallons may be met with conventional biofuel, establishing the implied mandate for ethanol.

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