Posted: May 25, 2012 9:21 PM by Tom Martin
Updated: May 26, 2012 10:53 AM
LADDONIA - A new study suggests Midwest drivers saved gas money last year due to domestic ethanol production and use.
The Center for Agricultural and Rural Development released the study, which says Midwest drivers saved $1.69 per gallon on gas money in 2011. The national average rose from 89 cents per gallon to $1.09 per gallon.
The study also determined that drivers would have paid about $4.60 per gallon in 2011 without the inclusion of ethanol.
Mid-Missouri's largest ethanol producer is the Poet Biorefining plant in Laddonia, with a capacity of 56 million gallons.