Harus

Oil Is Up Due to Fundamentals, Not Speculation

Another cause for high oil price is ethanol. It takes 1 gallon gas(diesel) to produce 1 gallon corn ethanol. (Some say as much as 1.25 gal gas)

Ever since Washington mandated 10% ethanol gas, my mpg dropped 9% on both vehicles I own. I track my mpg every time I gas up. One car dropped from 24.5 to 22.5. Another SUV droped from 14.5 to 13. That 10% ethanol is not producing power like it should.