Re: OT: corn based ethanol?

Posted by mad on September 02, 2005 at 07:18:34 from (216.16.57.198):

In Reply to: Re: OT: corn based ethanol? posted by JT on September 02, 2005 at 02:45:43:

I recently wrote an editorial for my local paper on this issue. E-85 contains 15% gasoline so the price increases should only be 15 % of the increase of gas. And yet the prices jump up in tandem. I argued that corn has dropped in price all summer so ethanol should actually be decreasing in price since corn makes up 85 % of the fuel. I called my state corn board and they said that I was exactly right and that they felt the filling stations offering E-85 were taking advantage.IE-price gouging. I have several ethanol plants around me and the ethanol leaving their facilities is selling for $1.30 to $1.59.per gal. OK let's do some math. To make up a gallon of E-85. $1.59 times 85 % is $ 1.35. Let's say gasoline today is $ 3.49. $ 3.49 times 15 % is $.52 cents.. .52 +1.35 = $1.87 per gallon for E-85 plus shipping costs. My state corn board said I am dead on with my figures and yet we can't get anyone to take notice of what is going on. I was told to go to a government web site called gaswatch.org.gov to report price gouging but it has not allowed me to log on.

Follow Ups:

• Re: OT: corn based ethanol? Paul in Mich 08:32:41 09/02/05 (0)

Post a Followup Name: E-Mail: Subject: Comments: Optional Link URL: Link Title: Optional Image URL: Email Notification: If you check this box, email will be sent to you whenever someone replies to this message. Your email address must be entered above to receive notification. This notification will be cancelled automatically after 2 weeks.

TRACTOR PARTS	TRACTOR MANUALS

We sell tractor parts!  We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]