Meijer still has E85 at $1.99. Regular is down to $1.76, and PREMIUM is a mere $1.96.
Premium is now cheaper than E85. Unbelievable.
I have to think that sales of E85 are negligible. That is probably why the price of E85 is stuck at $1.99. It's the same E85 in the tank from weeks ago!
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Interesting...similar out here too...though the E85 is same price as regular here...some places gas is cheaper. I'll have to ask next time I fill up how the sales are. There was a minivan filling with E85 when I was...
Sales are down - with plant profits down right now production growth has come to a halt and the ethanol is headed into E10 for now where it has higher value as octane enhancer. Rack wholesale gas (conventional) is bouncing around $1 (before tax, freight, margins)- incredible. Oil refiners are running about a minus $7 per barrel on the gasoline side but getting a decent return on diesel.
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