Green Options » American Coalition for Ethanol http://greenoptions.com/tag/american-coalition-for-ethanol Posts tagged 'American Coalition for Ethanol' Wed, 02 Apr 2008 23:27:38 +0000 http://wordpress.org/?v=2.5.1 en Ethanol Brings Gas Prices Down, Saves Consumers Money http://gas2.org/2008/04/02/ethanol-brings-gas-prices-down-saves-consumers-money/ http://gas2.org/2008/04/02/ethanol-brings-gas-prices-down-saves-consumers-money/#comments Wed, 02 Apr 2008 23:27:38 +0000 Clayton B. Cornell http://gas2.org/2008/04/02/ethanol-brings-gas-prices-down-saves-consumers-money/ ethanol, e10, biofuel, corn, gas prices, fuel As controversial as corn-grain ethanol is, it may be offsetting high oil prices and saving consumers between 6 and 9¢ per gallon on fuel.

Research by the American Coalition for Ethanol (or ACE - totally unbiased, I know) found that gasoline-ethanol blends are selling 10-35¢ lower than non-blended gasoline, which after factoring in the ethanol-blender’s tax credit amounts to about 6 to 9¢ per gallon.

This may also help explain why diesel is so much more expensive than gasoline right now:

“The price of gasoline isn’t rising as quickly as the price of diesel, partly due to the fact that there’s an alternative to gasoline – ethanol – that’s adding more than 2 million gallons a day to our nation’s fuel supply,” notes Ron Lamberty, ACE’s vice president/market development.

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