GoodFuels

$4 in Iowa; Ethanol to the rescue

Iowans are perilously close to paying $4 per gallon for their gas on the even of Memorial Day vacations, reports the Des Moines Register.  Speculation and bad weather appear to be the primary causes for the rise there, hitting Iowans as they plan to travel for Memorial Day.  ”Staycation” is a variation on the annual vacation becoming more popular with cost-conscious families.  Gas is just too expensive to be driving too far.

The only good thing coming out of it?  Ethanol is cheaper than gasoline and will find its way into more gas stations to keep gas prices lower than they otherwise would be.  More ethanol…lower gas prices.  ”If there is a silver lining in the oil situation for Iowa, it lies with ethanol.”