Rising Gas Prices, Falling Corn Prices Could Mean Comeback for Ethanol
Amid rising gasoline prices and falling corn prices, ethanol may be poised for a comeback of sorts, even if only a temporary one.
Even though conventional wisdom is that crude has to reach about $100 a barrel before ethanol is economical, compared to current prices of about $80 a barrel, ample supplies of ethanol have widened the price differential between gasoline and ethanol to more than 60 cents a gallon.
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