"On the day your editorial ran, the ethanol spot price was $2.56 a gallon while gasoline was selling for $3.43. This is a $0.87 a gallon cost advantage for ethanol, or 25% less."True...but today's flex fuel cars get 35% worse mileage on E85. Brazilians know that, and ethanol sells for about 60% of the price of E10 type gas. Yeah, we could build special engines to run on ethanol...but then they would require super high test gas to run...if you couldn't buy ethanol that day. And super high test gas (110) - av type gas - is a few bucks more a gallon if you can find it. The other thing he didn't mention is there is about a buck a gallon subsidy in that $2.56/gal price for ethanol. SO it is really at least a buck more than that and for every gallon, the gov't reaches into the tax payer's pocket for another dollar to subsidize it.t.
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