Posted by IndianaRed on November 11, 2008 at 19:42:43 from (72.63.67.235):
In Reply to: E85 below $1.00 soon? posted by jonnny2006 on November 11, 2008 at 00:41:53:
Noticed E85 was higher than gasoline here in Central Indiana. Gas at an average of $1.85, E85 was $1.95. I wonder if it has to do with the plants locking in corn prices when they were high?
Considering how much corn prices have fallen, I think it disproves what so many were saying about ethanol causing the high corn prices. Wheat and beans were high too, and we sure aren't putting those in the tank. Fuel for equipment and high fertilizer prices might be the causes.
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