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Ethanol’s Discount to Gasoline Steady as Corn Costs Slow Output

Bloomberg -- Ethanol’s discount to gasoline was little changed amid speculation that higher corn prices will curtail output that’s down 16 percent from a year ago.

The grain-based additive was 57.44 cents a gallon less expensive than gasoline, based on prompt-month contracts for both commodities, compared with 57.24 cents yesterday.

“A lot of producers were out here buying today,” said Jim Damask, a manager at StarFuels Inc. in Jupiter, Florida. “Some of them are short and corn’s strong. That’s put pressure on some of the guys. They’re getting a little nervous being short.”

Denatured ethanol for February delivery rose 1.5 cents, or 0.7 percent, to settle at $2.22 a gallon on the Chicago Board of Trade. Gasoline for February delivery gained 1.7 cents to $2.7944 a gallon on the New York Mercantile Exc


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Submitted Jan 09, 2013 By: skb69sa
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Ethanol’s Discount to Gasoline Steady as Corn Costs Slow Output Back to Topics
REPLIES (newest first) Post a Reply
honda0105
Champion Author Tallahassee

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Message Posted: Jan 11, 2013 12:03:21 AM

EtOH has never been the answer.
FNB1967
Champion Author Ontario

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Message Posted: Jan 10, 2013 7:16:02 AM

Old
virostek
Veteran Author Virginia

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Message Posted: Jan 10, 2013 6:56:52 AM

OK.
remay
Champion Author Houston

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Message Posted: Jan 10, 2013 6:26:19 AM

I guess this will some day be the norm?
Jeff4U
Champion Author Atlanta

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Message Posted: Jan 10, 2013 12:15:58 AM

Ethanol sucks and always will.
bston
Champion Author Oklahoma City

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Message Posted: Jan 9, 2013 11:46:49 PM

We don't use ethanol in our vehicles.
RitaVespa
Champion Author Oregon

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Message Posted: Jan 9, 2013 7:17:01 PM

I hate ethanol
supercell
Rookie Author Minnesota

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Message Posted: Jan 9, 2013 1:21:20 PM

Not economic or smart enough for my tank.
TonyPSU
Champion Author Cleveland

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Message Posted: Jan 9, 2013 12:08:01 PM

We need to eat corn not burn it. Let's lower the price of a box of Corn Flakes. At $4 and higher a box, it is ridiculous. Pretty soon we will need a CornFlakesBuddy site!
bar1035
Champion Author Charlotte

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Message Posted: Jan 9, 2013 11:34:35 AM

Then why was e-85 the same price ast E-10 the last time I went by the only station I know of selling that crap
jimmy544
Champion Author Boston

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Message Posted: Jan 9, 2013 11:03:37 AM

I think we should not force E15 on the population like we have with E-10. They should offer straight gas and E-10 should be less money because there is less energy available in the gas. Ethanol should also be made from waste cellulose so there is not competition for animal feed too.
swepson
Champion Author Greensboro

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Message Posted: Jan 9, 2013 10:49:40 AM

Let's get rid of ethanol.
LarksNY
Champion Author Albany

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Message Posted: Jan 9, 2013 10:29:13 AM

Was a great idea until it became a bad idea.
No1ConMan
Champion Author Memphis

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Message Posted: Jan 9, 2013 10:28:29 AM

If we must use this stuff use sugarcane instead of corn. There's plenty of it and it doesn't affect so many other industries or prices!
Mariuxus
Champion Author Chicago

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Message Posted: Jan 9, 2013 10:23:12 AM

Get rid of ethanol...for good...
pricechecker08
Champion Author Ohio

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Message Posted: Jan 9, 2013 10:18:45 AM

Seen a Meijers station that had Ethanol 15 cents higher than gas.
INBwana
Champion Author Indiana

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Message Posted: Jan 9, 2013 10:16:56 AM


Corn is for feed and food, not for fuel!!!!!
Catfish93001
Champion Author Ventura

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Message Posted: Jan 9, 2013 10:09:10 AM

The Model T was designed to run on alcohol, most modern cars are not.
Shadowwarrior
Champion Author Pennsylvania

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Message Posted: Jan 9, 2013 10:08:20 AM

5% ethanol max... and only 10% of that can come from corn or other food stock.
OldMan322
Champion Author Illinois

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Message Posted: Jan 9, 2013 9:59:53 AM

If ethanol is less why is E-85 25 to 50 cent more then regular at the pump
bart_reed
Champion Author Los Angeles

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Message Posted: Jan 9, 2013 9:56:35 AM

OK, what is the deal?
bell05
Champion Author Atlanta

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Message Posted: Jan 9, 2013 9:50:50 AM

You got that right Sethyl.
Delight777
Sophomore Author Cleveland

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Message Posted: Jan 9, 2013 9:50:28 AM

Good inform.
sivart
Champion Author Arkansas

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Message Posted: Jan 9, 2013 9:49:55 AM

The article said, "producers are losing 27 cents on each gallon of the fuel made"!! Now I wonder what that statement really means? Get rid of ethanol once and for all as no-one wants it in their gas!!!
gamalerin
Champion Author Tampa

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Message Posted: Jan 9, 2013 9:45:25 AM

Nice Article..Thanks.
BossPal
Champion Author Illinois

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Message Posted: Jan 9, 2013 9:45:18 AM

Hey do you think the Government will subsidize the little guy for damaging their vechicle by using ethanol in their older vehicle?
Sethyl
Champion Author Miami

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Message Posted: Jan 9, 2013 9:43:36 AM

kill the idea of ethanol as vehicle fuel. none of our vehicle parts were designed for it, and it will only get worse
36IHBinder
Champion Author Illinois

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Message Posted: Jan 9, 2013 9:43:07 AM

cool
cssco
Champion Author Virginia

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Message Posted: Jan 9, 2013 9:42:36 AM

The use of ethanol is very similar to making plastic automobiles.
TonyPSU
Champion Author Cleveland

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Message Posted: Jan 9, 2013 9:42:03 AM

We need to eat corn not burn it. Let's lower the price of a box of Corn Flakes. At $4 and higher a box, it is ridiculous. Pretty soon we will need a CornFlakesBuddy site!
icer06
Champion Author Huntsville

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Message Posted: Jan 9, 2013 9:41:55 AM

We need to get rid of ethanol; it does no good for our engines.
mazdaboy
Champion Author Portland

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Message Posted: Jan 9, 2013 9:39:05 AM

Ethanol is S&M to cars.
Wizrd03
Champion Author Illinois

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Message Posted: Jan 9, 2013 9:38:15 AM

It still sucks as a fuel
TBecker1415
Champion Author Missouri

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Message Posted: Jan 9, 2013 9:37:14 AM

hmmm
freedomsailor
Champion Author Naples

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Message Posted: Jan 9, 2013 9:36:07 AM

No matter what propaganda comes from the corn industry, ethanol is still bad for millions of cars engines.
checkum
Champion Author St. Louis

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Message Posted: Jan 9, 2013 9:35:58 AM

big oil is selling our crude as fast as it can be drilled and fracked!!!
MightyDude
Champion Author Minnesota

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Message Posted: Jan 9, 2013 9:35:31 AM

ehthanol is a proven failure so dump it and move on
DrZNY
Champion Author Albany

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Message Posted: Jan 9, 2013 9:35:13 AM

We should only be adding 5% ethanol to our gasoline.
tarheelcoastie
Champion Author Greensboro

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Message Posted: Jan 9, 2013 9:34:59 AM

Gov't subsidy.
w4kh
Champion Author Tennessee

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Message Posted: Jan 9, 2013 9:34:25 AM

Main problem we face seems to be that corn ethanol is part of the mandate rather than simply ethanol from all sources, with some incentive for cellulosic ethanol from "waste" material like corn stalks, switchgrass, sawdust, and even manure.
nru
Champion Author Twin Cities

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Message Posted: Jan 9, 2013 9:33:45 AM

And how much did ADM get in tax "breaks" last year?
Jamer
Champion Author Las Vegas

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Message Posted: Jan 9, 2013 9:31:54 AM

Corn based ethanol should be discontinued completely.
MarAzul
Champion Author London

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Message Posted: Jan 9, 2013 9:31:53 AM

Corn for food---NG for vehicles.
scrossi
Champion Author Indiana

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Message Posted: Jan 9, 2013 9:30:17 AM

Ethanol BAD.
lightbulbman2008
Champion Author Worcester

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Message Posted: Jan 9, 2013 9:30:10 AM

not for me or anybody...
EnviroChemist
Champion Author Oklahoma

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Message Posted: Jan 9, 2013 9:30:05 AM

The addition of ethanol is a Band-Aid not a fix. It needs to be removed.
dgarz01
Champion Author Illinois

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Message Posted: Jan 9, 2013 9:30:02 AM

Sure thing
notnxs383
Champion Author Missouri

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Joined:Oct 2008
Message Posted: Jan 9, 2013 9:29:29 AM

Nobody seems to want the crap used for fuel.
Where is this 57 blah blah cents...
Here, at the pump it's 10cents less for E85
Hangnail309
Champion Author Manitoba

Posts:9,188
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Message Posted: Jan 9, 2013 9:29:13 AM

corn for food not for fuel.
GManCo
Champion Author Colorado Springs

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Message Posted: Jan 9, 2013 9:28:51 AM

Ethanol is so bad for the environment.
Rageagainsttm
Champion Author Tampa

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Joined:Jul 2007
Message Posted: Jan 9, 2013 9:28:48 AM

Get rid of ethanol.
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