| Headland - 3/26/2026 20:26
They won’t.
Thats a shame as my nephew bought a used Tesla.. loves it.. and a neighbor bought a used Hyundai EV.. it cost him $0.03 / mile to drive.. and is surprisingly comfortable and much cheaper than an ICE car.
We are already seeing a reduction in nation wide gasoline usage before this spike.. which will accelerate the conversion.
Im not saying this is what will happen.. however, I could see that by the time we see E-15 adoption year round.. gasoline destruction results in about the same total ethanol usage.. I hope this is a worse case scenario.. but if Big Oil wants to tank their market.. ethanol is just along for he ride.
Flip side, The US will probably export “alot” of refined products especially diesel, ethanol and possibly even gasoline.. so.. predictions about the future remain.. murky.
If the straits were opened tomorrow.. we’d be 6 months at least from back to normal.. personally I buy into the “higher for longer” although we are awash in commodities.. an extra billion bushels of US corn vs last year.. rising domestic crude production.. and already at prices which will reduce demand..
so.. tricky.
I believe the fuel / fertilizer situation will continue to deteriorate for another 12 months..maybe longer.. right now.. hope I’m wrong.. but that’s my expectation for.. “now.”
Events are pretty fluid.. maybe things improve faster?
There’s a lot of EVs available.. gasoline demand is headed lower. |
E15
