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As of 2005, E85 is frequently sold for up to 36% lower price per quantity than gasoline. [10] Much of this discount can be attributed to various government subsidies, and, at least in the United States, the elimination of state taxes that typically apply to gasoline and can amount to 47 cents, or more, per gallon of fuel.
The United States federal excise tax on gasoline is 18.4 cents per gallon and 24.4 cents per gallon for diesel fuel. [1] [2] Proceeds from the tax partly support the Highway Trust Fund. The federal tax was last raised on October 1, 1993, and is not indexed to inflation, which increased 111% from Oct. 1993 until Dec. 2023.
The world's top ethanol fuel producer in 2010 was the United States with 13.2 billion U.S. gallons (49.95 billion liters) representing 57.5% of global production, followed by Brazil with 6.92 billion U.S. gallons (26.19 billion liters), and together both countries accounted for 88% of the world production of 22.95 billion U.S. gallons (86.85 ...
Brazil's sugar cane-based industry is far more efficient than the U.S. corn-based industry. Brazilian distillers are able to produce 1 liter of ethanol for $0.19–0.24 (or $0.71–0.90 per gallon), compared with the $0.41–0.46 per liter for corn-based ethanol (or $1.55–1.74 per gallon) (no reliable source referenced). [106]
Picture showing E0 100% gasoline at $1/gallon more than E10 Regular Unleaded. At this same Saugatuck, MI Shell station, E85 was an additional $1/gallon below regular ($2/gallon below ethanol-free Rec-90). As debate has ensued over ethanol blending in gasolines, ethanol-free has popped up in a number of states marketed as Rec-90 Recreational ...
May 3—Heating oil prices neared another unprecedented threshold of $6 per gallon in southern Maine on Monday, despite the warmer temperatures and the ongoing release of U.S. oil reserves. Bill ...
He said the plants should get a minimum benefit of 20 cents per gallon of ethanol. But Blank would not offer an estimated price premium that could be passed on to farmers for the corn used to ...
Ethanol fuel has a "gasoline gallon equivalency" (GGE) value of 1.5, i.e. to replace the energy of 1 volume of gasoline, 1.5 times the volume of ethanol is needed. [4] [5] Ethanol-blended fuel is widely used in Brazil, the United States, and Europe (see also Ethanol fuel by country). [2]