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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.
As of 2011, blenders received a US$0.45 per gallon tax credit, regardless of feedstock; small producers received an additional US$0.10 on the first 15 million US gallons; and producers of cellulosic ethanol received credits up to US$1.01. Tax credits to promote the production and consumption of biofuels date to the 1970s.
E85 ethanol is used in engines modified to accept higher concentrations of ethanol. In the US such FFVs are designed to run on any mixture of gasoline or ethanol up to 85% ethanol, whereas in countries such as Brazil where the climate is typically warmer, FFVs run on neat alcohol. There are a few major differences between FFVs and non-FFVs.
Higher oil prices are driving up prices at the pump. ... The national gas average on Friday sat at $3.53 per gallon, ... traded near the $85 level. Brent and WTI have gained about $10 per barrel ...
The United States produced more than 13 billion gallons of corn ethanol in 2012 and is expected to produce a similar total in 2013. ... 16 billion gallons per year of cellulosic ethanol by 2022 ...
For each billion ethanol-equivalent gallons of fuel produced and combusted in the US, the combined climate-change and health costs are $469 million for gasoline, $472–952 million for corn ethanol depending on biorefinery heat source (natural gas, corn stover, or coal) and technology, but only $123–208 million for cellulosic ethanol ...
The average price for a gallon of regular unleaded gasoline in Ohio is $2.716. That's 22 cents less than last month and 46 cents less than last year. Gas prices are falling across Ohio.
To compete with other local convenience store chains, Giant Eagle has instituted the Fuelperks! program, in which customers are rewarded by saving $0.10 per gallon ($0.20 in select markets) they buy on a fill-up with every $50 they spend in Giant Eagle using their Advantage Card. Some GetGo locations also have a WetGo automatic car wash.