Ethanol group: Ethanol saved motorists $100 million over Memorial Day weekend

By Robert Pore
The Grand Island Independent
Posted May 26, 2008 @ 10:45 PM

BROOKINGS, S.D. —
As a political battle rages over the virtues of ethanol and whether it's driving up food costs, an ethanol group said American motorists are saving more than $100 million over the Memorial Day weekend.

According to the American Coalition for Ethanol, based on national rack prices published Friday, the net price of ethanol is between $1.15 and $1.30 a gallon less than unleaded gasoline, a lower cost which equals a savings to American motorists of $35 million a day and more than $100 million over the three-day weekend.

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