Reply #10: without ethanol gasoline would cost an additional 30 cents per gallon

[Bdog]

http://www.e85fuel.com/front_page/Kaptur_biofuels060404.htm
Some of the highlights from Urbanchuk's report are:

* Without ethanol, gas prices would increase 14.6 percent, or 30.2 cents per gallon in the short term (including the entire summer driving season).
* Without ethanol, gas prices would increase 3.7 percent, or 7.6 cents per gallon, in the long term once refiners build new capacity or secure alternative sources of supply.
* More than 30 percent of all U.S. gasoline is blended with ethanol.
* Without ethanol, refiners would be forced to import about 217,000 barrels per day of high-octane, gasoline blending components.