E85 prices rising in my area, what about yours?
I won't publicly share percentages since that's private company information and constantly changing due to market conditions, but we grind corn, milo (sorghum), and wheat starch.
Last edited by Kracka; Dec 8, 2011 at 12:21 PM.
EvoM Guru
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From: Tri-Cities, WA // Portland, OR
There are 2 stations right by my house that carry it... One is 2.95 a gallon, but has been "out of service" for the past 2 weeks, and the other one (literally less than 2 miles away) is 3.29 a gallon. And supposedly theres going to be that new .38 tax coming up.
I am going to be back on 91 tomorrow and will be looking into water/meth injection.
I am going to be back on 91 tomorrow and will be looking into water/meth injection.
Stop listening to idiots who don't know know their mouth from their *** hole.
I'm in the ethanol industry and this thread makes me 
due to all the misinformation people are throwing around like it's fact.
What you guys are talking about is actually what's called the VEETEC blenders credit of 45-cents for every gallon of denatured ethanol they blend into gasoline. This does not go to the ethanol companies, it does not go to the farmers, it goes to the blenders (oil companies in most cases).
To address the OP and his thread title, there is no 38-cent tax being imposed on ethanol, you have either been misinformed, or like most the internet, don't fully understand the information you're attempting to regurgitate.
due to all the misinformation people are throwing around like it's fact. What you guys are talking about is actually what's called the VEETEC blenders credit of 45-cents for every gallon of denatured ethanol they blend into gasoline. This does not go to the ethanol companies, it does not go to the farmers, it goes to the blenders (oil companies in most cases).
To address the OP and his thread title, there is no 38-cent tax being imposed on ethanol, you have either been misinformed, or like most the internet, don't fully understand the information you're attempting to regurgitate.
From http://www.coalitionfore85.org/
E85, America’s most widely adopted alternative fuel, could be an unintended casualty of a Congressional repeal of the current tax subsidy for ethanol. While
E85 is derived from ethanol, it is not purely a fuel additive like the E10 blend found in gas stations across the country. It is a true alternative to petroleum for over 9 million American Flex Fuel vehicle drivers, and has been recognized as such in federal legislation.
Blenders of ethanol currently receive a $0.45 per gallon incentive through the Volumetric Ethanol Excise Tax Credit (VEETC). This same credit is used for E10 ($0.045 per gallon) and E85 ($0.3825 per gallon). It is scheduled to expire at the end of 2011.
While E10 sales will be marginally impacted by the end of this credit, sales of E85 will dramatically decline, as E85 requires the incentive to allow motorists to achieve a competitive price on a Gasoline Gallon Equivalency to regular unleaded gasoline.
Failure to preserve the E85 option may negatively impact the future sale of other mid-level ethanol blends such as E30, as well as the next generation of biofuels made from non-food sources such as farming byproducts, algae biomass and household waste.
Congress has already designated E85 as an alternative fuel, in the Energy Policy Act of 1992. However, E85 was not included in the tax credit commonly used for other alternative fuels (the Alternative Fuel Credit) in oder to avoid any instance when ethanol would recieve both that credit and VEETC.
With the expiration of VEETC however, this potential double dipping is no longer an issue. E85 should be eligible for the Alternative Fuel Credit, similar to compressed natural gas, propane and hydrogen.
We support the inclusion of E85 in the Alternative Fuel Credit in the tax code, as well as the extension of that credit beyond 2011.
As opposed to extending VEETC for all ethanol blends, including E85 in the Alternative Fuel Credit can be done at a fraction of the cost (about one percent of the cost of VEETC) while benefiting our environment, our national security, our health and our economy.
E85, America’s most widely adopted alternative fuel, could be an unintended casualty of a Congressional repeal of the current tax subsidy for ethanol. While
E85 is derived from ethanol, it is not purely a fuel additive like the E10 blend found in gas stations across the country. It is a true alternative to petroleum for over 9 million American Flex Fuel vehicle drivers, and has been recognized as such in federal legislation.
Blenders of ethanol currently receive a $0.45 per gallon incentive through the Volumetric Ethanol Excise Tax Credit (VEETC). This same credit is used for E10 ($0.045 per gallon) and E85 ($0.3825 per gallon). It is scheduled to expire at the end of 2011.
While E10 sales will be marginally impacted by the end of this credit, sales of E85 will dramatically decline, as E85 requires the incentive to allow motorists to achieve a competitive price on a Gasoline Gallon Equivalency to regular unleaded gasoline.
Failure to preserve the E85 option may negatively impact the future sale of other mid-level ethanol blends such as E30, as well as the next generation of biofuels made from non-food sources such as farming byproducts, algae biomass and household waste.
Congress has already designated E85 as an alternative fuel, in the Energy Policy Act of 1992. However, E85 was not included in the tax credit commonly used for other alternative fuels (the Alternative Fuel Credit) in oder to avoid any instance when ethanol would recieve both that credit and VEETC.
With the expiration of VEETC however, this potential double dipping is no longer an issue. E85 should be eligible for the Alternative Fuel Credit, similar to compressed natural gas, propane and hydrogen.
We support the inclusion of E85 in the Alternative Fuel Credit in the tax code, as well as the extension of that credit beyond 2011.
As opposed to extending VEETC for all ethanol blends, including E85 in the Alternative Fuel Credit can be done at a fraction of the cost (about one percent of the cost of VEETC) while benefiting our environment, our national security, our health and our economy.
From http://www.coalitionfore85.org/
E85, America’s most widely adopted alternative fuel, could be an unintended casualty of a Congressional repeal of the current tax subsidy for ethanol. While
E85 is derived from ethanol, it is not purely a fuel additive like the E10 blend found in gas stations across the country. It is a true alternative to petroleum for over 9 million American Flex Fuel vehicle drivers, and has been recognized as such in federal legislation.
Blenders of ethanol currently receive a $0.45 per gallon incentive through the Volumetric Ethanol Excise Tax Credit (VEETC). This same credit is used for E10 ($0.045 per gallon) and E85 ($0.3825 per gallon). It is scheduled to expire at the end of 2011.
While E10 sales will be marginally impacted by the end of this credit, sales of E85 will dramatically decline, as E85 requires the incentive to allow motorists to achieve a competitive price on a Gasoline Gallon Equivalency to regular unleaded gasoline.
Failure to preserve the E85 option may negatively impact the future sale of other mid-level ethanol blends such as E30, as well as the next generation of biofuels made from non-food sources such as farming byproducts, algae biomass and household waste.
Congress has already designated E85 as an alternative fuel, in the Energy Policy Act of 1992. However, E85 was not included in the tax credit commonly used for other alternative fuels (the Alternative Fuel Credit) in oder to avoid any instance when ethanol would recieve both that credit and VEETC.
With the expiration of VEETC however, this potential double dipping is no longer an issue. E85 should be eligible for the Alternative Fuel Credit, similar to compressed natural gas, propane and hydrogen.
We support the inclusion of E85 in the Alternative Fuel Credit in the tax code, as well as the extension of that credit beyond 2011.
As opposed to extending VEETC for all ethanol blends, including E85 in the Alternative Fuel Credit can be done at a fraction of the cost (about one percent of the cost of VEETC) while benefiting our environment, our national security, our health and our economy.
E85, America’s most widely adopted alternative fuel, could be an unintended casualty of a Congressional repeal of the current tax subsidy for ethanol. While
E85 is derived from ethanol, it is not purely a fuel additive like the E10 blend found in gas stations across the country. It is a true alternative to petroleum for over 9 million American Flex Fuel vehicle drivers, and has been recognized as such in federal legislation.
Blenders of ethanol currently receive a $0.45 per gallon incentive through the Volumetric Ethanol Excise Tax Credit (VEETC). This same credit is used for E10 ($0.045 per gallon) and E85 ($0.3825 per gallon). It is scheduled to expire at the end of 2011.
While E10 sales will be marginally impacted by the end of this credit, sales of E85 will dramatically decline, as E85 requires the incentive to allow motorists to achieve a competitive price on a Gasoline Gallon Equivalency to regular unleaded gasoline.
Failure to preserve the E85 option may negatively impact the future sale of other mid-level ethanol blends such as E30, as well as the next generation of biofuels made from non-food sources such as farming byproducts, algae biomass and household waste.
Congress has already designated E85 as an alternative fuel, in the Energy Policy Act of 1992. However, E85 was not included in the tax credit commonly used for other alternative fuels (the Alternative Fuel Credit) in oder to avoid any instance when ethanol would recieve both that credit and VEETC.
With the expiration of VEETC however, this potential double dipping is no longer an issue. E85 should be eligible for the Alternative Fuel Credit, similar to compressed natural gas, propane and hydrogen.
We support the inclusion of E85 in the Alternative Fuel Credit in the tax code, as well as the extension of that credit beyond 2011.
As opposed to extending VEETC for all ethanol blends, including E85 in the Alternative Fuel Credit can be done at a fraction of the cost (about one percent of the cost of VEETC) while benefiting our environment, our national security, our health and our economy.
Cheaper yes, but our infrastructure isn't able to handle using anything in mass quantities but predominately corn which made it the easy/simple/quick choice. Oh, BTW, most of you don't know this but domestic ethanol producers grind more than just corn. One of our ethanol plants doesn't use any corn at all.
I hope people like yourself lead the way in ethanol production that make a cheaper alternative to petrol.
