The econazis are absolutely giddy at the high price of gas and will go orgasmic when it hits $10 a gallon.
There already is a cap in prices for liquid fuels. I have been using 85% ethanol for six months now it’s $3.58 a gallon nearly a buck cheaper than the E10 87 octane in the black pump next to it. Mileage is down by only 15% compared to E10 so it makes sense to use E85 anytime E10 is more than 15% more expensive. My turbo car loves the race grade octane E85 brings 5psi more boost than 93 octane which is nearly 5 bucks a gallon. The V8 ecoboost in my truck also loves the E85 it’s got the yellow gas cap too. It’s mileage drops 22% so the break even price point is 22% under E10 it can use 87 octane the Volvo cannot it must use 93