Ethanol Prices hit Record Highs in Midwest

With oil prices skyrocketing and as "increased demand for the gasoline additive outpacing production" Ethanol prices hit a new high of $3.97 a gallon in Des Moines and 29 other midwest locations. Ethanol prices in those states have rose over 4 percent since June 30th as it is still far more expensive then gasoline. Here are the avg. prices of ethanol that are being sold per gallon in some of those states:

                                       State Average Fuel Ethanol Rack Prices 

July 5, 2006

Today

 

Yesterday

 Change

Colorado

3.5547

 

3.5547

0.0000

Iowa

3.8554

 

3.8554

0.0000

Illinois

3.6269

 

3.6269

0.0000

Indiana

3.3478

 

3.3478

0.0000

Kansas

3.6177

 

3.6177

0.0000

Michigan

2.8221

 

2.8221

0.0000

Minnesota

3.8231

 

3.8231

0.0000

Missouri

3.7800

 

3.7800

0.0000

Montanna

3.7500

 

3.7500

0.0000

North Dakota

3.7938

 

3.7938

0.0000

Nebraska

3.8254

 

3.8250

0.0004

Ohio

3.1898

 

3.1898

0.0000

Oregon

3.7000

 

3.7000

0.0000

South Dakato

3.7939

 

3.7939

0.0000

Virginia

3.4000

 

3.4000

0.0000

Washington

3.7000

 

3.7000

0.0000

Wisconsin

3.8056

 

3.8072

0.0016

Wyoming

3.2675

 

3.2675

0.0000

 

 

 

 

 

Average

3.5919

 

3.5919

0.0001




To clarify, THIS IS NOT THE NATIONAL AVG. AT WHICH ETHANOL IS BEING SOLD AT, the graph below provides THIS information:






 

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