Gee, I wonder who's paying the difference? </sarcasm>
I wonder if those who are paying for E85 realize they aren’t saving any money? If I remember correctly, ethanol is only 70% as efficient as gasoline. Which means a pretty good drop in mileage.
Break even works out to $2.51/gal. (I took 70% of the price of gasoline to arrive at my figure.)
E85 is at least a dollar cheaper here than gasoline at the pump, around $2.40 a week or so ago. I suspect transportation has something to do with why it is so much higher there.
I always get a chuckle of wonderment when some green brags that ETOH is “cheaper” than gasoline. When you factor in the mileage loss due to less heat of combustion of 15%(due to the right wing conspiracy), the true cost of ETOH is:
3.59/.85 =$3.74/gallon. Of course not counting the subsidy, which we should all be willing to pay, in order to “save the planet”& ‘punish the Arabs ( this to appeal to the average bitter white person”).
barbra ann
And if ethanol were gone what would gasoline be? Lower? The ethanol plants are added refining capacity which the oil companies have refused to build on their own. Keeps the price of gas high you know.