Cheaper ethanol contributes to steady drop in gasoline prices
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Cheaper ethanol contributes to steady drop in gasoline prices
Posted 1 October 2013 in
From the New Jersey Star Ledger:
Fill’er up.
The average price for a gallon of gasoline in New Jersey is now $3.31, about 6 cents below last week’s price and 41 cents less than this time a year ago.
Cheaper ethanol — retail gasoline contains 10 percent ethanol — is contributing to the drop, according to Tom Kloza, chief oil analyst at GasBuddy.com.
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Cheaper ethanol contributes to steady drop in gasoline prices
