IARN — If you’ve travelled anywhere within the last week or visited the gas station anytime soon you probably have noticed that gas prices have rapidly gone up, and the money in your wallet has rapidly gone down. While the almost daily rise in prices is affecting consumer’s every day, what does this mean for the agricultural industry? The biofuel industry says the record gas prices are fueling interest in blending more higher blends of ethanol.
Geoff Cooper, Renewable Fuels Association President and CEO talks about the direct impact on the blending of corn ethanol due to near-weekly records in gas prices.
For more on this story visit the Iowa Agribusiness Radio Network.
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