GXPBonny
Champion Author
Wisconsin
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Message Posted: Sep 19, 2010 12:54:30 AM
Here 90 octane e10 is 6 to 10 cents cheaper than 87 octane with no ethanol. Why you don't get a 10% price drop is that the cost of the gas or ethanol isn't the only thing that makes up the pump price. Taxes are the same, delivery costs are the same, wholesale and retail dealers need their markups or you'd be digging your own oil well because they wouldn't be in business.
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E-Squirrel
Champion Author
Orange County
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Message Posted: Sep 18, 2010 6:10:10 PM
What gives is that ethanol is not cheaper than gasoline but more expensive. While the two prices vary, today, ethanol is $2.1470 per gallon and gasoline is only $1.9190. Moreover, because ethanol contains less energy than gasoline, its comparative price is $3.2729 per gallon.
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dlzastera
Champion Author
Minnesota
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Message Posted: Sep 17, 2010 8:57:46 AM
Oh, buy the way, get ready for E-15 its coming to a city near you.
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dlzastera
Champion Author
Minnesota
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Message Posted: Sep 17, 2010 8:52:17 AM
If you were buying gas @ 2.79 with 10% ethanol expect to pay 4-6 cents more for 100% gasoline thats a fact.
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Maintroll
Champion Author
Lexington
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Message Posted: Sep 16, 2010 11:11:29 PM
Ethanol is just a way for these thieving people to water down the gas while still keeping the prices high, which means more money in their pockets.
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sluggopyle
Champion Author
North Carolina
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Message Posted: Sep 13, 2010 11:26:20 PM
=> ethanol has been in gasoline for years...its just now that its required to be labeled. <=
These label laws are not new (the only exception I know is Oklahoma). What is new is the pervasiveness of the practice of E10. The label was always required, where it is required; it's just that in the past few stations were using it, and the ones that did, we avoided for all the same reasons we avoid them today.
And about 14 states still have no label law.
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eddie31370
Champion Author
Scranton
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Message Posted: Sep 10, 2010 5:58:15 AM
ethanol has been in gasoline for years...its just now that its required to be labeled.
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rumbleseat
Champion Author
Winnipeg
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Message Posted: Sep 9, 2010 10:01:08 PM
I laugh at some of the statements that are made, such as "just found out the gas I buy has ethanol in it, and my mileage went down". Of course it didn't go down before person found out about the ethanol!
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Bus936
Champion Author
Lexington
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Message Posted: Sep 8, 2010 11:12:32 PM
It is called watered down gas at todays high prices, welcome to the new world of legal stealing.
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stickyvalves
Champion Author
Iowa
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Message Posted: Sep 8, 2010 8:17:14 AM
Such a deal.
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JoeKing
Champion Author
British Columbia
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Message Posted: Sep 8, 2010 5:11:57 AM
All the stations here in BC no matter what the brand must post on every pump the octane & ethanol levels.
Regular 87 Contains up to 10% Ethanol
Regular 89 Contains up to 5% Ethanol
Premium 91 Contains No Ethanol
Premium 94 Contains No Ethanol
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marruffosc
Rookie Author
Quad Cities
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Message Posted: Aug 20, 2010 6:59:23 AM
Ours here in the midwest is slightly cheaper. My car doesn't care, as long as it's 89 octane.
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PaylessKY
Champion Author
Kentucky
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Message Posted: Aug 16, 2010 12:25:21 AM
Don't expect the price at the pump to come down with the use of ethanol.
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beeshonda
Rookie Author
Virginia
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Joined:Dec 2008
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Message Posted: Aug 15, 2010 9:59:00 PM
mine droped about 7 mpg.
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Bus936
Champion Author
Lexington
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Message Posted: Aug 14, 2010 10:37:30 PM
I just found out today that Kroger gas has 10 percent ethanol in it. Needless to say I have bought my last tank of Kroger gas. My milage in both of my vehicles has dropped by about 4 mpg using this crap.
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pgerassi
Champion Author
Milwaukee
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Message Posted: Aug 12, 2010 8:36:14 PM
Chemist74, you are incorrect. Ethanol is cheaper than gasoline at the wholesale level (no blending credits at this level). The current wholesale ethanol cost is $1.35/gal and the current wholesale regular gasoline price is $2.08/gal so E10 should be about 7.3 cents cheaper than straight regular gasoline. Do note that 98% of the regular gasoline sold in the US is E10. The part of the blending credit is to off set the larger amount of ethanol needed to have the same fuel tax per BTU whether its E10, E85 or E100. E100 needs 1.54 gallons to have the same energy as 1 gallon of gasoline. Thus with fuel taxes (here in WI) at 53.3 cents per gallon, ethanol would be overcharged 28.8 cents per gallon equivalent or 18.7 cents per gallon of ethanol.
Do note even at the energy equivalent levels, wholesale ethanol ($2.048/galE) is still cheaper than regular gasoline ($2.08/galE). E85 is $1.999/gal here in SE WI compared to E10 which is $2.729/gal. A slight lower price for E85 vs E0 on a energy equivalent gallon. And most vehicles get better MPGe on E10 or E85 than straight regular. The best are those vehicles with supercharging or turbocharging as E10 or E85 have higher octane than straight regular (88 or 105 vs 85). This allows more advance and/or leaner burn leading to higher efficiency (more MPGe).
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chemist74
Champion Author
Cleveland
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Message Posted: Aug 12, 2010 7:18:29 AM
1. It is ethanol, not ethenol.
2. What makes you think ethanol is free? In order for the price of E10 to be 10% lower than regular gasoline the ethanol would need to have zero cost.
3. What makes you think ethanol is cheaper than regular gasoline? Even with tax credits and grants ethanol made from corn is still of marginal economics ccompared to regular gasoline.
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rumbleseat
Champion Author
Winnipeg
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Message Posted: Aug 12, 2010 3:47:03 AM
I don't flame you gouged, but you sometimes flame yourself by immediately setting up any reply I make as confrontational.
Truth be told, Big Oil gets huge subsidies of various types, and the exact amount is actually hard to quantify.
The US government has propped up the oil industry with :
1 - low interest or tax-free construction bonds
2 - low or no cost R&D programmes
3 - assuming legal risks of exploration and/or development
4 - below market cost loans with very lenient repayment schedules
5 - income tax breaks, with obscure provisions that often attract no congressional oversight upon expiry
6 - sales tax breaks, with taxes charged at lower rates than other goods
7 - money given to international financial institutions. The U.S. has given tens of billions of dollars to the World Bank and U.S. Export-Import Bank with the aim of encouraging oil production internationally.
8 - US Strategic Petroleum Reserve
9 - allowing the industry to pollute. What would the price of oil and gasoline really be if the industry had to pay to protect its shipments, and clean up its spills? Or if the environmental impact of burning petroleum were considered a cost? Or if it were held responsible for the particulate matter in people's lungs, in liability similar to that being asserted in the tobacco industry?
Bloomberg’s analysis puts worldwide incentives for renewable energy sources last year at $43 – 46 billion. International Energy Agency data for 2008 counted the fossil fuel industry’s tally at a whopping $557 billion. Why does Big Oil need such huge subsidies? It has been long established, and has been decently profitable.
Protest the subsidies to biofuels all you want, I am outraged at the subsidies enjoyed by some of the largest profitable companies in the world, Big Oil producers.
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gougedQC
Champion Author
Montreal
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Message Posted: Aug 11, 2010 3:30:48 PM
"do you think ethanol is free"
Well with all the subsidies of our tax dollars it gets, it should be free!
and to pre-empt your flame of me, I posted elsewhere on the ethanol forum, a partial list of subsidies provided to various ethanol plants and initiatives by provincial and federal govt. ...and its in the multitude of hundreds of millions., not to mention interest free loans, and tax free grants for land etc.
Food based ethanol is a greenwashing scam, always was, always will be, even if a tiny percentage- particularly out in Rumble land - is produced from low grade and scrap wheat... there's still the massive subsidies of MY tax dollars ..
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Maintroll
Champion Author
Lexington
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Message Posted: Aug 11, 2010 7:07:21 AM
Some areas of the country, like Murfreesboro, Tennessee have nothing but this junk in their gas, all of their gas has ethanol and I totally abhor it. I only use this junk if I can't get all gas. Ethanol should be back in the cornfields of America where it belongs.
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rumbleseat
Champion Author
Winnipeg
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Message Posted: Aug 11, 2010 6:51:48 AM
Why would the price drop 10%? Are you under the impression ethanol is free?
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