With record high gas prices this summer, ethanol prices stand out at the fuel pump. In many cases, E85 is $2 per gallon less than unleaded gasoline. NDSU Extension Bioenergy Economist David Ripplinger says all ethanol blends may offer cost savings.”Basically, if the price of E85 is two-thirds the price of gasoline or less, essentially you’re saving money at the pump.” Biofuel fans, like American Coalition for Ethanol CEO Brian Jennings, consider this as a good moment for ethanol. “Ethanol is trading, in all marketplaces, at a significant price discount to gasoline. E30, E85 and E15, if consumers have access, they’ll be paying less at the pump.”
News Categories
Latest RRFN Podcasts
Subscribe to RRFN
Get a weekly digest from RRFN to stay up-to-date on all the latest news in agriculture.