Out of curiosity, because I can't remember.... When was ethanol first introduced into fuel? And, when did it become wide spread?
------
I was looking on the wiki page.... E85 flex vehicles in 2006 averaged ~25% lower fuel economy... Ethanol has ~34% less energy per unit volume... So, despite having 66% of the energy, you keep 75% of the economy.... I looked at the Monte Carlo in 2005 (not flex) and 2006 (flex fuel) - both model years have the same gasoline consumption - but the 2006 has a larger displacement engine. Both cars get piss poor FE regardless of fuel type
Not defending, but I'm glad to see any gains at all in thermal efficiency