mavericks

Beware of the Allure of Ethanol Investing

Ethanol gas may be cheaper and more environmentally friendly (at least say the pundits) but it is certainly not more efficient. Oregon starting using 10% ethanol gas earlier this year and EVERYONE is seeing 15% to 20% less miles per gallon. My brand new Mazda CX-7 which is suppose to get 18-24 MPG city/hwy is more like 16 MPG. The state of Oregon said you could expect about a 1%-3% degragation in fuel efficiency. This is obviously not happening so this may also be having an effect on the stock prices.