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JohnWxy (1000+ posts) Send PM | Profile | Ignore | Mon May-05-08 04:51 PM Original message |
How much has ethanol reduced gasoline prices - $0.29 - $.40 per gal Iowa State University |
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Warpy (1000+ posts) Send PM | Profile | Ignore | Mon May-05-08 04:56 PM Response to Original message |
1. Gasohol here in the Southern Rockies is used for a different purpose |
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MercutioATC (1000+ posts) Send PM | Profile | Ignore | Mon May-05-08 04:58 PM Response to Original message |
2. Well, ethanol does have less energy per gallon, so it SHOULD lower the price. |
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JohnWxy (1000+ posts) Send PM | Profile | Ignore | Mon May-05-08 05:11 PM Response to Reply #2 |
5. While the BTUs are lower, because it has an octane of 113-115 it can be burned at much |
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MercutioATC (1000+ posts) Send PM | Profile | Ignore | Mon May-05-08 05:29 PM Response to Reply #5 |
6. Agreed, but as you mentioned, today's engines don't benefit. |
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BlooInBloo (1000+ posts) Send PM | Profile | Ignore | Mon May-05-08 04:59 PM Response to Original message |
3. No conflict of interest there. |
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EmperorHasNoClothes (1000+ posts) Send PM | Profile | Ignore | Mon May-05-08 05:10 PM Response to Original message |
4. Does that include what we pay for subsidies through our taxes? |
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JohnWxy (1000+ posts) Send PM | Profile | Ignore | Mon May-05-08 05:44 PM Response to Reply #4 |
7. Savings for oil not imported over cost of excise tax credit to blenders about $8 Billion in 2007 |
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FogerRox (1000+ posts) Send PM | Profile | Ignore | Mon May-05-08 06:07 PM Response to Reply #7 |
8. I used to buy Sunoco Ultra 94.... 94% gas 6% ethanol |
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losthills (1000+ posts) Send PM | Profile | Ignore | Mon May-05-08 06:36 PM Response to Original message |
9. Yeah, anyone who buys gas can see that the price |
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JohnWxy (1000+ posts) Send PM | Profile | Ignore | Mon May-05-08 06:40 PM Response to Reply #9 |
10. Lousy stock market outlook has caused money managers to move money into commodity futures |
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NickB79 (1000+ posts) Send PM | Profile | Ignore | Tue May-06-08 01:21 PM Response to Original message |
11. So, it saves the average driver $170 per year |
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JohnWxy (1000+ posts) Send PM | Profile | Ignore | Tue May-06-08 06:14 PM Response to Reply #11 |
12. a much bigger factor in commodity price increases is the movement of money outof a shitty |
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JohnWxy (1000+ posts) Send PM | Profile | Ignore | Tue May-06-08 06:22 PM Response to Reply #11 |
13. On the other hand, oil not imported because of gasoline replaced by ethanol saved us about $8 Bil |
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