In the days before the United States’ decision to import ethanol for use in gasoline cars, companies in Canada, Australia and Japan had been producing the fuel at a steady pace for more than a decade.
But the U.S. announcement was an abrupt and unexpected change in the energy mix in the country.
The announcement prompted concerns that gasoline cars might be losing their value and that prices would plummet.
So far, there have been no major price spikes.
But some gasoline car makers have started to adjust to the change and are seeing strong demand for their products.
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