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Distilled spirits are taxed at a rate of $13.50 per proof gallon. A proof gallon in the US is a gallon of alcohol that is 50% abv (100 proof), so a beverage with 40% abv is taxed at a rate of 0.8 or $10.80 per gallon. Federal excise taxes per "standard drink" (0.6 oz. of ethanol) are estimated at: beer, $0.054; wine, $0.042; and spirits, $0.127 ...
In 2010, the cost of fuel in the US averaged US$3.42, while the cost for E85 averaged US$3.09, or 90% of the cost of gasoline. [21] [22] In another test, however, a fleet of Ford Tauruses averaged only about 6% fewer miles per gallon in ethanol-based vehicles when compared to traditional, gas-powered Tauruses. [23]
The ethanol industry in the USA makes 225,000 barrels (35,800 m 3) per day in August, an all-time record. Some conventional oil fuel companies are investing in alcohol fuel. Oil reserves are forecast to last about 40 more years. Total use (demand) of ethanol is 3.53 billion US gallons (13,400,000 m 3).
Average gas prices in the five states offering the promotion range from $3 per gallon to $3.56. ... meaning it takes more gallons of ethanol to equal the same amount of energy as gas. But at most ...
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 ...
The country produces a total of 18 billion litres (4.8 billion gallons) annually, of which 3.5 billion liters are exported, 2 billion of them to the U.S. [15] Alcohol cars debuted in the Brazilian market in 1979 and became quite popular because of a heavy subsidy, but in the 1980s prices rose and gasoline regained the leading market share. [16]