Based primarily on information obtained from the Illinois Corn Growers Assn. (ICGA), the genuine cost paid by motorists for corn-based, ethyl alcohol-blended gasoline should be close to $2.90 per gallon, if all subsidies, taxes, delivery, retail markup and energy content are calculated. The ICGA says the wholesale price of ethanol delivered to the Chicago area currently is $1.30 per gallon. As the first step, this translates into $2.13 on a gasoline energy equivalent basis. If one then ...
Premium Content (PAID Subscription Required)
"Ethanol's real price hidden by subsidies" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642