May 24, 2013

Pain at the Pump

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By: Kim Clark, Director of Biofuels Development

We are all feeling the pain at the pump and reaching deeper into our pockets to pay for that tank of gas.

Over the last couple of weeks gas prices have jumped significantly and are over $4.00 per gallon. Ouch! If you have a mid-sized vehicle it may take 15 gallons to fill up and will cost you at least $60.

Is there a benefit to these high gas prices? Yes! Flex fuel vehicle drivers can fill up for a lot less when they use E85, a blend of 85% ethanol and 15% gasoline. The price of E85 varies across Nebraska ranging anywhere from $0.60 less per gallon up to $1.30 per gallon-an average savings of $0.95 per gallon.

Even with reduced fuel mileage of E85, today’s gas prices make it economical to use in flex fuel vehicles. Let’s say the same mid-sized vehicle is flex fuel and fills up with E85. 15 gallons at $3.05 per gallon is a cost of $45.75. Wow what a savings! $14.25 on one fill up.

One in ten Nebraskans drives a flex fuel vehicle and can fill up with E0, E85 and anything in between. If you are one of the lucky owners of a flex fuel vehicle you have flexibility. Vehicle owners can determine if they are driving a flex fuel vehicle by:
      • Looking for the flex fuel emblem on the body of the vehicle
      • Checking the gas cap
      • Checking the owners manual  
      • Visit E85Vehicles.com

There are more than 80 locations across Nebraska that offer E85 and other ethanol fuel blends such as E20 and E30. There are several good websites that list station locations with E85 and other ethanol. E85Prices.com is one of the better sources that is most current. If you have a smartphone, you can download a flex fuel locator app, too.

Why use ethanol fuel? Ethanol fuel is a homegrown, locally produced fuel that reduced greenhouse gas emissions, creates jobs and tax revenues, provides energy independence, reduces dependence on imported oil, and much more.

Next time you pull up to the pump, fill your flex fuel vehicle with E85 and save money at the pump.

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