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Argument: High demand can increase corn ethanol and gas prices

Issue Report: Corn ethanol

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  • Alex Halperin. “Ethanol: Myths and Realities”. Business Week. May 19, 2006 – “The move this spring by more regions to use ethanol means that demand has spiked, driving up prices. On Monday, the New York harbor price was around $3 per gallon compared with about $2.28 for gasoline (before being mixed with ethanol). In other words, for now ethanol is helping to increase prices at the pump, not to push them down.”