2nd Quarter 2022
A portfolio of U.S. ethanol policies, report world oil costs, and technological changes combined to rapidly develop the U.S. market for corn-based ethanol. Initially, bans on methyl tert-butyl ether (MTBE)-a petroleum-based mostly oxygenate that had been used to substitute lead in gasoline as a pollution discount measure since 1996-round 2006 elevated demand for substitute additives, …