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Regardless of where you get the feedstock, E85 is generally a bad deal for the motorist.
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Recent fuel price fluctuations caused me to wonder exactly where I stood with my E85 use, so I calculated the cents/mile for E10 and E85, and estimated what E45 (50/50 E10/E85) would cost based on years of experience with it.
For those prices and my mpg:
E10 = 7.8 cents/mile
E45 = 6.9
E85 = 6.3
E10 = 24% more cost than E85.
Sure looks like a good deal to this motorist.
