Quote:
Originally Posted by Ecky
The E85 stations are always packed, too. Even at 95% the cost of regular gasoline, people line up to put it in their tanks.
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What percent of people buying E85 know that it contains roughly 70% of the energy of regular gasoline? Heck, what percentage of the customers even track their fuel economy so they would know how cost effective it is to run E85?
Most people aren't very rational, so the majority of people lining up to buy E85 just see that it costs less than gasoline, and figure they are saving money. This uninformed consumerism would have the effect of increasing demand for E85, and thus increasing the price.
If people were more rational, it would drive the cost of E85 down.