Ethanol vs Gasoline
As the price of gas hits record highs, alternative fuel sources continue to be debated. One alternative fuel which has been touted for years as a renewable, low-emission resource that could replace oil is gaining momentum.
More than four million vehicles on the road today can run on gasoline as well as ethanol, the clean-burning fuel made from corn and other biomass sources. The number of stations offering ethanol has also jumped 60 percent since the beginning of the year.
Current flexible fuel vehicles can run on as much as 85 percent ethanol and 15 percent gasoline. A gallon of ethanol is 20 to 30 cents less than regular gasoline, with little difference in ease-of-use at the pump or car performance. General Motors says as much as 30 percent of our gasoline consumption could be replaced by ethanol if it were to become available across the country. SOT: - Tom Stephens, General Motors - Rick Hittle, Arizona Petroleum.
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