E85 Prices Down

November 1, 2006

Looks like the price of E85 is down....just under $2 in Midwestern states.

Full release for details:

October turned out to be an exceptional month for drivers using E85 as the price of E85 continued to fall across the Nation. Not only is the price falling but the price spread between unleaded and E85 has widened to roughly .40 cents per gallon in many areas.

The fuels price spread is becoming a strong incentive for consumers who have never tried E85 to make the switch and for ethanol to gain market share against the Oil Companies gasoline products.

The price of E85 is below $2.00 a gallon in 7 States, Minnesota, Iowa, Wisconsin, North Dakota, Missouri, Illinois and Nebraska.

Markets of interest include: Missouri where the lowest price of E85 in the Nation was reported in Perryville at $1.61.

Maybe even more remarkable is that in Nebraska E85 prices which maintained the Nations highest average e85 price over the summer (at one point over $3 per gallon) dropped to $1.99.

http://E85Prices.com is finding that the lowest prices for E85 is almost exclusively located at independent stations and or stations that buy directly form the ethanol producers. Two examples of such companies are Renew E85 stations in Wisconsin supplied by Utica Energy and the BreakTime stations in Missouri supplied by ethanol producer Mid-Missouri Energy and distributed by MFA Oil. These companies are consistently able to deliver E85 to the consumer for less than unleaded.

Forecast: Expect E85 to rise .05-.10 cents a gallon starting in November as more gasoline is added to the ethanol creating "winter blend," where the standard ratio becomes 70% ethanol and 30% gasoline compared to summer blend of 85% ethanol and 15% gasoline. Winter blend is designed to let Flex Fuel vehicles start easier in during the cold winter months.

E85Prices.com is the first and only site dedicated to covering the price of E85.