I'm calculating between $2.65 and $2.90 a gallon. That's for 74% ethanol, which is what we're supposed to be getting in Illinois and Indiana this month.
Meijer had it at $3.38 this morning.
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Experiments in running E85 ethanol, mixed with regular 87 octane gasoline, in non-flex fuel vehicles (2004 Acura TL and 2007 Saab 9-3.)
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I saw it at $2.99 in Valpo this morning. Market is pretty fluid with hurricanes, floods, increasing supply, decreasing demand, and lots of talk of more oil drilling.
I would bet that refiners are finding a sweet spot where they can make some margin while the regular gasoline prices come down little by little.
Family Express, right? They're always at $2.99. It's like their loss leader.
Well, not loss. They're making 10 cents a gallon according to my worst case!
They're just not gouging us like Meijer and Gas City.
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