Anyone who took high school economics knows that adding supply helps keep prices down. Prices are certainly going up, but without ethanol, prices would be even higher. |
Ethanol-blended fuel is available at thousands and thousands of America's gas stations, literally from coast to coast. E85, the alternative fuel that is 85 percent ethanol, is available at a smaller number of stations and that figure is growing very quickly. |
I think the relationship between ethanol and gasoline should restore to normal, whatever normal is, in the future. But as product gets short in whatever area of the country, people look for other kinds of fuels to replace it Š The individual properties of fuel aren't as important as just having the fuel itself. |
Most everything we buy in the fuel market is affected by the Gulf Coast. All the events are interrelated and yeah, there's some people out there who have probably tried to take advantage of it, but I think it's a lot fewer than a lot of people might think. |
Most of the time, ethanol-blended fuel is usually a couple of cents or as much as five cents to eight cents less. |
One of the things plants look for when they locate, they want to be somewhere where they won't impact the water supply. They usually try to locate at places where there is plentiful water. |
There's a lot of sensitivity to fuel prices right now, so this could be a good promotion. If the state can draw some people to travel here for $20, that's a pretty good deal. |
We're not a big enough industry to put a dent in as big as Mother Nature can. |