Some interesting quotes regarding E85 pricing:
The coalition recommends E85 be priced at least 20 percent less than regular unleaded to make up for a loss in fuel economy, Lampert said.
Family Express President and CEO Gus Olympidis said he dropped the price of E85 to $2.99 a gallon at his northern Indiana stations not only because ethanol "is cheaper right now than gasoline," but because U.S. grown corn goes into the blend.
Competing chain Gas City dropped E85 prices at several of its Northwest Indiana locations to about 60 cents below the going rate for regular unleaded gasoline in order to stay competitive, Gas City district manager JoEllen Jostef said.
And we all know that Meijer prices it at 50 cents less than regular.
So there you go. Meijer is gouging us by 50 cents a gallon for E85!
Seriously, if it should be priced 20% less than regular, which is at $4.02 at Meijer, they should be pricing E85 at 80 cents less. So they're gouging us by 30 cents.
Even a 20% discount for E85 may not properly reflect its true cost with a reasonable level of profit added. It STILL might be gouging!
