Will our government force us to use E85
#21
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When you figure that the corn was going to be grown anyway , the cost per gallon is very close. Very little ground that has been outof production has gone into production to make ethanol. The only ground out of production was subpar ground anyway. Sort of like the higher crude prices making drilling for oil economical in places it hasn'tbeen before.
#22
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Show me the money
Now lets see the market price of pure ethanol runs from $2 to $2.50 a gallon depending on the state. Lets take the high price of $2.50. Gasoline spot market price is $2.53 a gallon (in other words before they pile on the taxes). Now they gonna spend $3.21 to make $2.50 worth of ethanol. Also before you start yelling government conspiracy. That $2.50 price is the market price so it includes any corn subsidies.