Data/hora: 05/06/2024 18:19:58

Provedor de dados: 	31	
País: 	United States	
Título: 	An Ethanol Blend Wall Shift is Prone to Increase Petroleum Gasoline Demand	
Autores: 	Qiu,   Cheng; Colson,   Gregory; Zhang,   Zibin; Wetzstein,   Michael E.	
Data: 	2011-01-14	
Ano: 	2011	
Palavras-chave: 	Blend wall; Energy security; Ethanol; Resource /Energy Economics and Policy.	
Resumo: 	The US Environmental Protection Agency announced a waiver allowing an increase in the Fuel-Ethanol blend limit (the “blend wall” ) from 10% (E10) to 15% (E15) on October,2010.Justifications for the waiver are reduced vehicle fuel prices and less consumption of petroleum gasoline, leading to energy security. In this paper, employing Monte Carlo simulations and Savitzky-Golay smoothing filter, an empirical study examines this waiver revealing an anomaly where a relaxation of this blend wall elicits a demand response. Under a wide range of elasticities, this demand response can actually increase the consumption of petroleum gasoline and thus lead to greater energy insecurity. The economics supporting this result and associated policy implications are developed and discussed.	
Tipo: 	Conference Paper or Presentation	
Idioma: 	Inglês	
Identificador: 	http://purl.umn.edu/98795	
Relação: 	Southern Agricultural Economics Association&gt;2011 Annual Meeting, February 5-8, 2011, Corpus Christi, Texas

Selected Paper	
Formato: 	16