Wednesday, June 24, 2009

Tank #44

I filled up at Meijer last night. Both E85 and regular gas cost $2.70. The bastards.

I got 6.017 gallons of E85 and 8.007 gallons of regular. The ethanol content of the tank is 39.42% and the octane is 94.2.

I got 23 mpg at 35 mph on the last tank. I did a lot of fast driving, that's why the mileage sucked so bad. I've also had the a/c on a lot, it's hot as hell in Chicago.

Monday, June 15, 2009

What should E85 cost? 6/15/09 edition

With Meijer now gouging their E85 customers again, I've revistied my spreadsheet where I calculate E85 prices based on the spot market for ethanol and unleaded, including the blender credit.

E85 in Indiana should cost between $1.98 and $2.10 a gallon. Meijer currently has it at $2.70 a gallon.

Can you say gouging?

Back in the bad old days of last summer, they priced E85 50 cents a gallon cheaper than regular. That would be about $2.15 a gallon now, which I think would be a very fair price.

One wonders why they price E85 as they do. They can't be selling any at these prices.

tank #43

I filled up at Meijer on June 6th. I got 6.025 gallons of E85 at $2.70 a gallon and 8.121 gallons of regular at $2.76 a gallon. This works out to be 38.83% ethanol and 93.9 octane.

The last tank, at 39.16% ethanol, got 22.4 mpg at 29 mph average speed.

As of today, E85 is still $2.70 a gallon. But regular has dropped to $2.66. I hate that!

Friday, June 5, 2009

Meijer goes back to their thieving ways

No sooner had I praised Meijer for letting their spreads widen then they closed the spread with a vengence.

E85 is now $2.70, and regular is $2.73. Youch.


It's too bad, because E85 was making a lot of sense at the 50 plus cent per gallon spreads of a week ago. I have to think that they were selling a lot of E85 back then, and nothing now.

Monday, June 1, 2009

Tank #42

I filled up at Meijer on the 27th. I got 6 gallons exactly of E85 at $2.10 and 7.862 gallons of 87 octane gasoline, with 2.538 gallons left from the last tank.

It works out to 35.55% ethanol in the tank and 93.95 Octane. I saved $5.65 by mixing in E85.

Since then, I've noticed gas as much as $2.66 a gallon, and E85 steady at $2.10. These are really nice spreads. It's nice to see Meijer let the spreads fall where they may, even if they're higher than 50 cents a gallon.