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SC IA | If corn is $7.50 per bushel and you can get 2.8 gallons of ethanol per bushel (google search) that makes the material cost of ethanol $2.68/gallon. Of course this doesn’t factor in cost to produce and transport but also doesn’t factor in sales of by products. If gas prices go north of $5 I don’t see how this won’t be the best alternative to supplement petroleum. What am I missing? | |
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