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| Registros recuperados: 227 | |
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| Yeboah, Osei-Agyeman; Ofori-Boadu, Victor; Li, Tongzhe. |
| To reduce national oil dependency, ethanol has been given a center stage of U.S. energy sources. The Renewable Fuel Standard (RFS) program was launched to increase the volume of renewable gasoline from 9 billion gallons in 2008 to 36 billion gallons by 2012, among which 15 billion are corn-based ethanol, while U.S. corn-based ethanol can hardly achieve this level. There is a trend that indicates U.S. importing ethanol from other countries, so a bilateral trade system has been established between U.S. and Brazil since 2003. The annual import is 211 million gallons in 2008 (USDC, 2009). Nevertheless, this amount is far away from the target, and the worldwide food shortage called us to divert our attention from fuel to food. China, as the third largest... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Ethanol; Efficiency; Non-food; Productivity; Feedstocks; Agricultural and Food Policy; International Relations/Trade; Productivity Analysis; Resource /Energy Economics and Policy. |
| Ano: 2010 |
URL: http://purl.umn.edu/56469 |
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| Spaulding, Aslihan D.; Schmidgall, Timothy J.. |
| Growing concerns about the dependence on foreign oil and high prices of gasoline have led to rapid growth in ethanol production in the past decade. Unlike earlier development of the ethanol industry which was highly concentrated in a few large corporations, recent ownership of the ethanol plants has been by farmer-owned cooperatives. Not much is known about the marketing and purchasing practices and plants’ flexibility with respect to adapting new technologies. The purpose of this research is to fill the gap in knowledge on these practices and to test whether the practices differ with the size and type of ownership. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Ethanol; Marketing; Input procurement; Technology; Marketing. |
| Ano: 2008 |
URL: http://purl.umn.edu/6457 |
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| Du, Xiaodong; Hayes, Dermot J.. |
| Using pooled regional time-series data and panel data estimation, we quantify the impact of monthly ethanol production on monthly retail regular gasoline prices. This analysis suggests that the growth in ethanol production has caused retail gasoline prices to be $0.29 to $0.40 per gallon lower than would otherwise have been the case. The analysis shows that the negative impact of ethanol on gasoline prices varies considerably across regions. The Midwest region has the biggest impact, at $0.39/gallon, while the Rocky Mountain region had the smallest impact, at $0.17/gallon. The results also indicate that ethanol production has significantly reduced the profit margin of the oil refinery industry. The results are robust with respect to alternative model... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Crack spread; Crude oil prices; Ethanol; Gasoline prices; Demand and Price Analysis; Resource /Energy Economics and Policy. |
| Ano: 2008 |
URL: http://purl.umn.edu/6235 |
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| Gehlhar, Mark J.; Somwaru, Agapi; Somwaru, Agapi. |
| Achieving greater energy security by reducing dependence on foreign petroleum is a goal of U.S. energy policy. The Energy Independence and Security Act of 2007 (EISA) calls for a Renewable Fuel Standard (RFS-2), which mandates that the United States increase the volume of biofuel that is blended into transportation fuel from 9 billion gallons in 2008 to 36 billion gallons by 2022. Long-term technological advances are needed to meet this mandate. This report examines how meeting the RFS-2 would affect various key components of the U.S. economy. If biofuel production advances with cost-reducing technology and petroleum prices continue to rise as projected, the RFS-2 could provide economywide benefits. However, the actual level of benefits (or costs) to the... |
| Tipo: Report |
Palavras-chave: Bioenergy; Economywide; Ethanol; Petroleum; Trade; Macroeconomic factors; RFS-2; Resource /Energy Economics and Policy. |
| Ano: 2010 |
URL: http://purl.umn.edu/96758 |
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| Walsh, Marie E.; Torre Ugarte, Daniel de la; English, Burton C.; Jensen, Kimberly L.; Hellwinckel, Chad M.; Menard, R. Jamey; Nelson, Richard G.. |
| Analysis of the potential to supply 25% of projected 2025 U.S. transportation fuels indicates sufficient biomass resources are available to meet increased demand while simultaneously meeting food, feed, and export needs. Corn and soybeans continue to be important feedstocks for ethanol and biodiesel production, but cellulose feedstocks (agricultural crop residues, energy crops such as switchgrass, and forestry residues) will play a major role. Farm income increases, mostly because of higher crop prices. Increased crop prices increase the cost of producing biofuels. |
| Tipo: Journal Article |
Palavras-chave: Biodiesel; Biofuels; Biomass; Cellulose feedstocks; Crop residues; Ethanol; Forest residues; Switchgrass; Agribusiness; Resource /Energy Economics and Policy; O11; Q11; Q41. |
| Ano: 2007 |
URL: http://purl.umn.edu/6514 |
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| Franken, Jason R.V.; Parcell, Joseph L.. |
| Increased use of alternative fuels and low commodity prices have contributed to the recent expansion of the U.S. ethanol industry. As with any competitive industry, some level of output price risk exists in the form of volatility; yet, no actively traded ethanol futures market exists to mitigate output price risk. This study reports estimated minimum variance cross-hedge ratios between Detroit spot cash ethanol and the New York Mercantile Exchange unleaded gasoline futures for 1-, 4-, 8-, 12-, 16-, 20-, 24-, and 28-week hedge horizons. The research suggests that a one-to-one cross-hedge ratio is not appropriate for some horizons. |
| Tipo: Journal Article |
Palavras-chave: Cross-hedging; Ethanol; Gas; G13; Q13; Q42. |
| Ano: 2003 |
URL: http://purl.umn.edu/43152 |
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| Du, Xiaodong; Hennessy, David A.; Edwards, William M.. |
| Based on the Ricardian rent theory, this study employs the variable profit function to analyze the determinants of Iowa cropland cash rental rates using county-level panel data from 1987 to 2005. Accounting for spatial and temporal autocorrelations, responses of local cash rental rates to changes in output prices and other exogenous variables are estimated. We find that Iowa cash rental rates are largely determined by output/input prices, soil quality, relative location, and other county-specific factors. Cash rents go up by $79 for a $1 increase in corn price in the short run. The marginal value of cropland quality, as represented by row-crop corn suitability rating index, is about $1.05. Ethanol plants are not found to have a significant local effect on... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Bargaining; Basis; Ethanol; Land quality shadow price; Rate of adjustment; Spatial autocorrelation; Land Economics/Use. |
| Ano: 2007 |
URL: http://purl.umn.edu/7700 |
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| Registros recuperados: 227 | |
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