A while ago I posted something to the effect that we are using 22 percent of US farmland to supply 4 percent of US gasoline because of the ethanol mandate. A careful reader queried this. He was right to. I’ve checked up the numbers via a CRS study of March 3 and I had obviously got confused somewhere down the chain. In fact, we are scheduled to use 15 percent of the total corn yield of the US to supply about 4 percent of the nation’s gasoline in 2006. This is obviously a different thing from farmland and I apologize for the mistake. It’s still a pretty large amount of all the corn grown in the US. For comparison, 1.8 percent of the corn yield is used for cereals and 1.3 percent for alcoholic beverages.
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About the Author
Iain Murray is vice president for strategy at the Competitive Enterprise Institute.
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