Prices of Ethanol

Ethanol has a huge impact on the economy in many different ways, some of which I will describe in further detail in a later post. But for now my focus is on the price of ethanol. Ethanol's price varies from state to state. Some of which is dependent on the geographical surroundings and some is based on the size of the city. The cheapest place to purchase ethanol is in the mid west and primarily in the state of Iowa. This is due to the large amount of corn production that is done in the state. This allows Iowans to help other Iowans more and drives the production of corn much higher as well. On the other hand ethanol can be more expensive in other states and places farther from where it is being produced. But it becomes a trade off due to its greater environmental impact. The price of ethanol can range from 50 cents below that of premium, to 20 cents over the price of premium.

fueleconomy.gov

futurity.org