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stylin99

Joined: 08 Sep 2006 Posts: 85 Location: Charlotte, NC
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Posted: Mon Apr 23, 2007 2:50 pm Post subject: e85 price not staying down when gas goes up |
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Have you guys noticed in your areas whether the price of E85 is fluctuating with the price of gasoline? Recently our gas prices here in NC have gone from about 2.40/gal to 2.80/gal and I expected the E85 pricing to stay near the 2.40/gal price range. But the stations here are simply moving e85 to the same price as regular gas.
So at this rate, when is ethanol ever going to be cheaper than gasoline in the long run!!? I feel as if the stations are capitizing on the increase, and moving up the e85 rate to take the extra profits there.  _________________ '99 Mustang GT, Vortech Supercharged, now running E85 full time.
www.e85mustangs.com
Best Quarter Mile on E85:
10.52 at 135 mph |
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BongoBennie
Joined: 07 Dec 2006 Posts: 34 Location: vegas
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Posted: Tue Apr 24, 2007 12:53 am Post subject: |
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| Ive been running E85 for a bit now, and when I started it was a bit cheaper dollars per mile than running super unleaded, E85 has been right at 40 cents cheaper than 91. now that prices are back up, its more expensive to run E85 when you consider the cost per mile... sucks ass, If they keep it up, they will shoot themselves in the foot. |
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hotrod
Joined: 19 Apr 2005 Posts: 872 Location: Colorado
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Posted: Tue Apr 24, 2007 2:32 am Post subject: |
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regular gas is going for about $2.75 -$2.89 /gal depending on where you buy it, my E85 is now at $2.19 -$2.35/gal so we still have a price split.
I think it is simply that ethanol is a commodity in demand as gas prices go up, the refiners/blenders add ethanol to keep prices down if it is cheaper so that tends to drive ethanol prices up when gas gets too expensive.
We always have a gas price crunch this time of year, for Mothers day, easter, and Fathers day travel. Not to mention the refiners are switching over from fuel oil output to summer gasoline output so capacity is not up to full summer production levels yet.
That is why I have about 30 gallons of winter blend E85 in jerry cans right now that I bought at 1.99 - $2.19 /gal.
Larry |
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WR^2X
Joined: 14 Aug 2006 Posts: 29 Location: Geneva, IL
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Posted: Tue Apr 24, 2007 10:45 pm Post subject: |
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| hotrod wrote: | | That is why I have about 30 gallons of winter blend E85 in jerry cans right now that I bought at 1.99 - $2.19 /gal. | I'll have to remember that for next year.
I've managed to find a station that is keeping E85 about $.40/gallon less than 87 octane (good for around here), so I'm pretty happy with that. Unfortunately the OP is right, since the stations keep the price at a fixed amount below gas, as the price of gas rises, it becomes less economical to run E85. Right now it's ~19% cheaper than gas (for me), and I see a 12% reduction in fuel economy, so it's still worth it. It was much better when gas was $2.30/gallon and E85 was $1.70. |
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Fredster
Joined: 20 Nov 2006 Posts: 111
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Posted: Thu Apr 26, 2007 8:14 pm Post subject: |
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it's a good way to render unworthy the effort of actually producing ethanol based cars ... !
what fuel stations have ethanol in the states ?
we have sonic although it's only 5% ethanol ... can you actually purchase ethanol and mix it with 5% ethanol to produce 15% ethanol ? _________________ I guess Hubert Reeves thinks this is an important matter
Cost of Can. Gov. studies on global warming ? xx M$
Cost of industrial scientific studies for alternative energy sources ? x M$
Cost of a 100$ batch of distilled ethanol ?
Priceless |
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stonent
Joined: 03 Feb 2007 Posts: 17
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Posted: Mon May 07, 2007 12:26 am Post subject: |
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| You'd think that e85 would increase at a rate of .15 x the increase on gas but sadly it doesn't. |
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te51levin
Joined: 12 Sep 2006 Posts: 22 Location: PNW
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Posted: Mon May 07, 2007 10:14 pm Post subject: |
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When other fuel goes up, the cost of producing (I assume) and distributing E85 goes up, too. Having said that, E85 has remained steady at $2.70 since the only local biofuel station opened last year. For comparison, premium is around $3.60 in this area (Eugene, OR) right now. _________________ '85 AW11 7A-GE MSnS-E (11.3:1 daily driver, now on E85)
'77 TE51 2T-G (finally running again!) |
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Fredster
Joined: 20 Nov 2006 Posts: 111
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Posted: Mon May 07, 2007 11:39 pm Post subject: |
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| te51levin wrote: | | When other fuel goes up, the cost of producing (I assume) and distributing E85 goes up, too. Having said that, E85 has remained steady at $2.70 since the only local biofuel station opened last year. For comparison, premium is around $3.60 in this area (Eugene, OR) right now. |
i dunno ... producing in chemicals is pretty steady, automatized systems. It depends on bid price i guess _________________ I guess Hubert Reeves thinks this is an important matter
Cost of Can. Gov. studies on global warming ? xx M$
Cost of industrial scientific studies for alternative energy sources ? x M$
Cost of a 100$ batch of distilled ethanol ?
Priceless |
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BlackNGoldRules
Joined: 01 Aug 2006 Posts: 21 Location: Bethel Park, PA
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Posted: Wed May 09, 2007 11:54 pm Post subject: |
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| In my area the price of 87 octane is about $2.89 and the cost of E85 is at $2.39 so I'm really benefiting from using it right now. When E85 was only about 20 cents cheaper here I didn't use it at all. But for some reason the gap got larger as the gas prices went up and up. E85 here didnt go up as fast as the gas for some reason. |
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Fredster
Joined: 20 Nov 2006 Posts: 111
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Posted: Thu May 10, 2007 9:39 pm Post subject: |
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| BlackNGoldRules wrote: | | In my area the price of 87 octane is about $2.89 and the cost of E85 is at $2.39 so I'm really benefiting from using it right now. When E85 was only about 20 cents cheaper here I didn't use it at all. But for some reason the gap got larger as the gas prices went up and up. E85 here didnt go up as fast as the gas for some reason. |
you can use regular fuel once you modified for ethanol ?
you are using flexfuel vehicle ? _________________ I guess Hubert Reeves thinks this is an important matter
Cost of Can. Gov. studies on global warming ? xx M$
Cost of industrial scientific studies for alternative energy sources ? x M$
Cost of a 100$ batch of distilled ethanol ?
Priceless |
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stylin99

Joined: 08 Sep 2006 Posts: 85 Location: Charlotte, NC
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Posted: Fri May 11, 2007 9:24 am Post subject: |
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Bought E85 yesterday here.
2.79 E85
2.91 Regular gas
3.11 Premium
At least we have a .12c differential now, hoping it spreads further though. _________________ '99 Mustang GT, Vortech Supercharged, now running E85 full time.
www.e85mustangs.com
Best Quarter Mile on E85:
10.52 at 135 mph |
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hotrod
Joined: 19 Apr 2005 Posts: 872 Location: Colorado
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Posted: Sat May 12, 2007 11:41 am Post subject: |
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I just found this link while doing some searching on the VEETC might be useful discussion information when the subject comes up. It appears the VEETC saves the Federal govenment over $6 billion dollars a year in farm support costs, and tax revenue from the ethanol producers more than zeros out the cost of the VEETC itself.
http://waysandmeans.house.gov/hearings.asp?formmode=printfriendly&id=5797
Larry |
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Alcohol
Joined: 17 Apr 2007 Posts: 634 Location: Central Wisconsin
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Posted: Sat May 12, 2007 9:07 pm Post subject: |
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| Thanks for the post Hotrod- I had not seen the updated #'s- this is a story that does not get told to the ave Joe- he only hears about the "huge subsidy ethanol gets" and of course "joe" never hears about oil depletion allowances or other tax credits that oil companies are able to take that dwarf VEETC. |
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hotrod
Joined: 19 Apr 2005 Posts: 872 Location: Colorado
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Posted: Sat May 12, 2007 10:06 pm Post subject: |
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I wish I could find good current numbers for the total tax incentives and other related "special considerations" big oil receives.
It would be an eye opener to find an unbiased source like the congressional research office that had some comprehensive numbers on oil subsidies and tax breaks.
Larry |
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BongoBennie
Joined: 07 Dec 2006 Posts: 34 Location: vegas
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Posted: Sun May 13, 2007 5:04 am Post subject: |
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| Im getting very worried, not only is E85 cost rising faster that gasoline, but some stations are starting to drop it all together. I talked to a few station owners, they all say the same thing, the supplier is raising the rates to the point were the profit margine is less than the gasoline, I think the only reason the sell the stuff is because since its still a bit cheaper than the cheapest gas price in town, the have the lowest number on the sign, which draws customers who only look at the number. once the get to the pump, they find out that the number the saw wasn't for gas, but since there at the pump, they just go for the 87 at the normal price. I could be wrong, but its just a guess. |
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