Posted By: Runner2go
RBOB gas now cheaper than Ethanol - 03/17/20 07:09 AM
It looks like the spot price for Ethanol ($1.12) is now 60% higher than RBOB ($0.70) gas.
So how long until corn free e0(pure gas) is cheaper than e10, e15 & e20, e85?
I know the Gov and refineries will never let that happen (They're too committed to the vile brew now) But since prices are dropping quickly at the pump, shouldn't the e15 at least leap frog the e10, instead of being cheaper. It's clearly more expensive to make it now. And after virtually disappearing from PA for years, finally ethanol free gas has been making a comeback locally. All of the new Royal Farms stations are selling e0 '90' (formally 91 octane) at every pump... it was selling above 93 e10... but as of the last few days they are getting close to even... and diesel is now 5-10cent cheaper than 89 e10... haven't seen that in years.
Thoughts?
So how long until corn free e0(pure gas) is cheaper than e10, e15 & e20, e85?
I know the Gov and refineries will never let that happen (They're too committed to the vile brew now) But since prices are dropping quickly at the pump, shouldn't the e15 at least leap frog the e10, instead of being cheaper. It's clearly more expensive to make it now. And after virtually disappearing from PA for years, finally ethanol free gas has been making a comeback locally. All of the new Royal Farms stations are selling e0 '90' (formally 91 octane) at every pump... it was selling above 93 e10... but as of the last few days they are getting close to even... and diesel is now 5-10cent cheaper than 89 e10... haven't seen that in years.
Thoughts?