Some long-run effects of growing markets and renewable fuel standards on additives markets and the US ethanol industry Gallagher, Paul Shapouri, Hosein Gallagher, Paul Price, Jeffrey Schamel, Guenter Brubaker, Heather
dc.contributor.department Economics 2018-02-18T02:31:44.000 2020-06-30T02:07:11Z 2020-06-30T02:07:11Z 2003-09-01
dc.description.abstract <p>The effects of likely regulatory and policy changes in the US gasoline and additives market are compared to a reference baseline. The baseline reflects existing EPA policies about fuel quality regulation and likely petroleum and gasoline expansions. The market and welfare effects are presented for implementing a renewable fuel standard; imposing a national ban on the additive MTBE; and removing the oxygen standard for reformulated fuel. Market and welfare estimates are based on adjusting product market demands and factor supplies. Product market and price analyses include quality-differentiated products, such as refinery gasoline, chemical additives and ethanol at the wholesale level; and gasoline grades in conventional, reformulated and oxygenated markets at the ratail level. Factor market analyses include supplies for petroleum, natural gas byproducts, and corn. The analysis includes the welfare cost of fuel to consumers and income in agriculture and the petroleum sector.</p>
dc.description.comments <p>This article is from <em>Journal of Policy Modeling </em>25 (2003): 585, doi: <a href="" id="x-ddDoi">10.1016/S0161-8938(03)00055-3</a>.</p>
dc.format.mimetype application/pdf
dc.identifier archive/
dc.identifier.articleid 1445
dc.identifier.contextkey 9476999
dc.identifier.s3bucket isulib-bepress-aws-west
dc.identifier.submissionpath econ_las_pubs/445
dc.language.iso en
dc.source.bitstream archive/|||Sat Jan 15 00:18:52 UTC 2022
dc.source.uri 10.1016/S0161-8938(03)00055-3
dc.subject.disciplines Economics
dc.subject.disciplines Energy Policy
dc.subject.disciplines Environmental Health and Protection
dc.subject.disciplines Oil, Gas, and Energy
dc.subject.disciplines Technology and Innovation
dc.subject.keywords Gasoline and additives market
dc.subject.keywords Biofuels
dc.subject.keywords Ethanol
dc.subject.keywords MTBE ban
dc.subject.keywords Renewable fuel standard
dc.subject.keywords Oxygen standard
dc.title Some long-run effects of growing markets and renewable fuel standards on additives markets and the US ethanol industry
dc.type article
dc.type.genre article
dspace.entity.type Publication
relation.isAuthorOfPublication 2097dddd-0752-4017-bc41-3b462a1d85f1
relation.isOrgUnitOfPublication 4c5aa914-a84a-4951-ab5f-3f60f4b65b3d
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