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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 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 ...
Wholesale ethanol prices drop nearly 30% between January and April, or $1.75 to $1.23 per gallon in the U.S. In 2005 , the earliest-documented test of driving a car designed solely for gasoline use, long-distance solely on 100% butanol fuel occurs as American motorist David Ramey drove from Blacklick, Ohio to San Diego, California using 100% ...
Average monthly gas prices are down $1.91 per gallon from their peak in June 2022, according to the newest LendingTree analysis. But average daily gas prices are up by 0.7% year over year as of ...
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Drivers in the states closest to the Gulf Coast's oil production and refineries are looking at average pump prices just under $3 per gallon, according to AAA data. Those include: Alabama: $2.95
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]
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]