VE6JEP
Alberta
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Joined: 01/21/2014
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Besides the corrosive nature of ethanol the fact remains that there are fewer BTU per gallon of ethanol blended gasoline than straight unleaded. Looking at the CGE equivalent ( http://en.wikipedia.org/wiki/Gasoline_gallon_equivalent ) it would appear that every 5% of added ethanol reduces the CGE by 1% and at $3.00 per gallon is the same as adding 3Cents per gallon to the effective cost.. (My assumption was that every supplier that says UP TO 10% means they will go to the max in using it.)
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SRT
Head of the Lakes, MN
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Joined: 02/18/2001
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VE6JEP wrote:Besides the corrosive nature of ethanol the fact remains that there are fewer BTU per gallon of ethanol blended gasoline than straight unleaded. Looking at the CGE equivalent ( http://en.wikipedia.org/wiki/Gasoline_gallon_equivalent ) it would appear that every 5% of added ethanol reduces the CGE by 1% and at $3.00 per gallon is the same as adding 3Cents per gallon to the effective cost.. (My assumption was that every supplier that says UP TO 10% means they will go to the max in using it.)
Are there still price supports for the ethanol industry????
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LindsayRichards
Tavares, FL
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Joined: 01/22/2007
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Quote:Are there still price supports for the ethanol industry????
Yep, to the tune of 53 cents per gallon with a 10% mandate. The corn belt states have it locked in. What a waste.
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tomman58
Southeast Michigan
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Joined: 06/12/2005
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SRT wrote:VE6JEP wrote:Besides the corrosive nature of ethanol the fact remains that there are fewer BTU per gallon of ethanol blended gasoline than straight unleaded. Looking at the CGE equivalent ( http://en.wikipedia.org/wiki/Gasoline_gallon_equivalent ) it would appear that every 5% of added ethanol reduces the CGE by 1% and at $3.00 per gallon is the same as adding 3Cents per gallon to the effective cost.. (My assumption was that every supplier that says UP TO 10% means they will go to the max in using it.)
Are there still price supports for the ethanol industry????
Yep. kinda like the oil industry stiffing us for millions each year or the hollywood farmers getting moneys not to plant in the past or on the other hand Oklahoma allowing the energy company's to have a law that puts solar and wind energy under a penalty because they cut into their profits.
Big money rules this country and will till we change it.
2015 GMC D/A, CC 4x4/ Z71 ,3.73,IBC SLT+
2018 Jayco 338RETS
2 Trek bikes
Honda EU2000i
It must be time to go, the suns out and I've got a full tank of diesel!
We have a granite fireplace hearth! Love to be a little different.
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LindsayRichards
Tavares, FL
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The link below leads to a graph of gasoline prices. You can adjust the time period yourself.
Click here
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SRT
Head of the Lakes, MN
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Joined: 02/18/2001
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Gasoline prices continue inch downwards. Many stations are down to $3.53 from $3.56. But there seems to be a feeling out there that we may see $4.00 gasoline this summer.
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Mfreyder
Louisiana
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What are we paying for LP this week in LA TX or MS?
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SRT
Head of the Lakes, MN
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Gasoline prices have "inched down" to $3.49 at many stations. Extracting maximum profits as they can. Diesel is below $4.00 a gallon - $3.99. But oil is still above $100 a barrel.
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Greydog 1
U.S.
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Glad to hear SRT state inching prices down. In my area its up by leaps and greed. Just last week it was increased 8 cents. This week we already see 3 cents. Cheapest seen is 3.75. Some further areas are up to 3.67. Must be some great summer additives to get prices to continue much higher than winter. We have to love those summer additives.
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SRT
Head of the Lakes, MN
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Greydog 1 wrote:Glad to hear SRT state inching prices down. In my area its up by leaps and greed. Just last week it was increased 8 cents. This week we already see 3 cents. Cheapest seen is 3.75. Some further areas are up to 3.67. Must be some great summer additives to get prices to continue much higher than winter. We have to love those summer additives.
Yes, they are pleased to ratchet up the gasoline prices "by leaps and bounds". But they maximize their short term profits at our expense ![[emoticon]](http://www.coastresorts.com/sharedcontent/cfb/images/rolleyes.gif "rolleyes") .
Most of the local stations are now at $3.49.
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