ethanol industry situation and outlook by paul gallagher associate professor of economics iowa state university november 2006 the may continue to evolve during next five years as it did previous perhaps at an accelerating pace this review concerns policy energy technology factors that are changing market analysis current emphasizes petroleum changes have transformed but discussion begins with some background on demand supply in a new topic for many agricultural industries intermediate term 2012 also is considered extent expansion cost prospects supplies from corn biomass processing evaluated there two distinct markets additives see figure 1 defined quality demands clean high octane fuel can generally be sold relatively price pc which entry competing content roughly production petrol additive plus subsidy about 50 gallon hence consumption
