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To: Trinity5
I was up in Iowa a couple months ago and they were selling regular for $2.30 a gallon and E85 for $1.92 a gallon. If it cost more to produce why is it selling for less? Lamoni, Iowa to be exact, 1st town north on I35 across Missouri border.
64 posted on 03/06/2006 12:36:30 PM PST by Wasanother (Terrorist come in many forms but all are RATS.)
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To: Wasanother
I thought ethanol had about a 50 cent per gallon subsidy. And that it took 30% more ethanol to get the same mileage as a gallon of gas.
69 posted on 03/06/2006 12:41:22 PM PST by Toddsterpatriot (A.Pole "I escaped Communism, but think we need more of it in America. Because Communism works")
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To: Wasanother

Try a $.52 a gallon federal tax credit. I'm not sure about Iowa but Minnesota gives a $.20 a gallon subsidy. And in Minnesota they "donated" $212 million for plant construction. Heck with no overhead you can charge alot less.


79 posted on 03/06/2006 12:52:09 PM PST by Trinity5
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To: Wasanother

The State of Iowa offers a $.025 tax credit for every gallon of ethanol or ethanol added gasoline for gas stations in Iowa.


85 posted on 03/06/2006 1:03:12 PM PST by Trinity5
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