From what I have seen on the relative prices of higher ethanol blends and regular gasoline, the higher ethanol blends usually cost MORE than regular gasoline on an energy content or mileage basis. Many unsuspecting and trusting consumers buy the higher blends because of the lower price per gallon thinking they are getting a better deal when the truth is just the opposite. The ethanol industry likes this misconception just fine and seems to make every effort to perpetuate it and no effort to counteract it. The ethanol price is higher even before considering the 45 cents per gallon of ethanol paid by taxpayers in the form of a tax credit to blenders. I find this absolutely disgusting. I find it even more disgusting that the Federal government seems to be betting the whole ranch on biofuels rather than putting serious effort into really solving our energy problems.
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