SAO PAULO – A recent study here finds alcohol fuel prices are greater per kilometer than gasoline in 11 Brazilian states and in the federal capital of Brasilia. Up to now, alcohol-fueled car owners have prided themselves in the economy of their vehicles. But although the country recorded a 40% increase in gasoline prices in the last eight months, ethanol and methanol prices have risen more. Marcelo Biscaro, an analyst for Vital Commodities, which conducted the study, says alcohol fuel is ...
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