To: Scanian
So, if all the gasoline now sold contains 10% ethanol, and it does here, is the price per gallon higher or lower because of the inclusion of subsidized ethanol?
30 posted on
04/18/2009 5:42:12 AM PDT by
bert
(K.E. N.P. +12 . John Galt hell !...... where is Francisco dÂ’Anconia)
1) Mandate use;
2) Subsidize;
3) Apply tariffs
33 posted on
04/18/2009 6:10:55 AM PDT by
anglian
(0bama's Stealth Reparations: "Mouthfulls of gimme and handfulls of much obliged")
To: bert
So, if all the gasoline now sold contains 10% ethanol, and it does here, is the price per gallon higher or lower because of the inclusion of subsidized ethanol? Looks like May ethanol prices are about $1.57 per gallon versus $1.49 for RBOB gas. If you add the extra expense to transport the ethanol as well as the 51 cent blenders credit on top of the lower energy per gallon of ethanol, the cash price is a little higher per gallon and even higher when measured per mile traveled. And you might as well flush the subsidy down the toilet.
44 posted on
04/18/2009 7:05:32 AM PDT by
Toddsterpatriot
(Math is hard. Harder if you're stupid.)
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