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Big jump in the cost of Thanksgiving travel, ethanol trade group claims to help

Here in the US, this is Thanksgiving week and it's usually one of the biggest travel weekends of the year as people hit the road to visit family. With gas prices on the rise again, it's expected that travel will cost Americans an extra $520 million this weekend compared to last year. But guess who's coming to the rescue? The ethanol industry. The Renewable Fuels Association is claiming that ten percent ethanol blends reduce pump prices by $0.15 a gallon. That claim seems rather dubious given that E85 pump prices are generally pretty close to ... Read more →

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