Yes, my points exactly. I have to say though, I have been burning 10% ethanol/aka gasohol in my vehicles since the 80s and have never had a problem. Methanol additives are a different story and can cause damage to gaskets and seals over the long haul.
I put a 20% ethanol gas in my VW once and the thing made the most horrible sounds -- I thought it was going to die. I siphoned out the "gas," filled it with premium, and the sound was gone in about 30 miles. Never again.