Quote:
Originally Posted by Old Tele man
...EPA refers to ethanol as a "gasoline-extender", a 30% less energy 'dense' extender, but you don't see any blended gasoline prices being 30% lower than pure gasoline!
...can you say "...boon-dogle...", sure you can!
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If 10% of the fuel is 30% less dense, then the net product is 97% as dense.
The Department of Energy has claimed that gasoline prices would be 20-35 cents more per gallon without the presence of ethanol in the market.
At current E10 prices of under $4/gallon in most markets, that represents a product that is 3% less energy dense for at least 5% less money.
Boondogle indeed :
