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Ethanol credits create a volatile market

The Dallas Morning News (MCT)

Massive fluctuations in the market for ethanol credits are raising scrutiny of the federal government’s efforts to integrate the corn-based fuel into the nation’s gasoline stream.
Between January and July, a credit attached to a gallon of ethanol jumped from 7 cents to more than $1.40. That meant that for every gallon of gasoline a refinery turned out, it would have to spend about 14 cents for the requisite ethanol credit – about 10 percent of a standard gallon of gasoline is now ethanol.
When energy companies mix ethanol into ...

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