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"We feel we are very near the dam is going to break on E15..."
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1234
Posted 9/21/2013 07:12 (#3340226 - in reply to #3340184)
Subject: Re: "We feel we are very near the dam is going to break on E15..."



Death comes to us all. Life's but a walking shadow
With crude oil in the neighborhood of $100/bl the cost of gasoline feedstock is at least $2.38/gal. With $4 corn the cost of ethanol feedstock is $4 minus at least $1.21 for the residual value of DDGS or $2.80 for a net feedstock cost of $1.04/gal.
On a straight up BTU/gal basis the ethanol is worth $1.66/gal.
I wonder when the cost advantage of ethanol will finally convince fuel distributors and retailers to promote E15 and E85.
One would think the greed would eventually overcome their knee-jerk resistance.

Edited by 1234 9/21/2013 07:19
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