21 Feb '13, 3pm

As Prices at the Pump Go Up, Up, Up American Ethanol is the Motorist’s Friend -

Posted on: February 21, 2013 in Gas Prices If you've been paying more at the pump for gasoline, you aren't alone. And, if it weren't for U.S. ethanol, you'd be paying even more. All across America, as of February 19, gasoline prices had been climbing for 32 days, reaching a four-month high. In fact, since January 17, the national average retail gasoline price had soared by 43 cents - or 13 percent - all the way up to $3.73 a gallon. According to EIA, last week's national average was the highest on record for the month of February. From now through Memorial Day, which kicks off the summer driving season, gasoline prices will likely keep going up, up, up. Over the past five years, gasoline prices have risen an average of $0.51 per gallon between New Year's Day and the Memorial Day weekend. That means we could be looking at prices well above $4 per gallon as summer begins and...

Full article: http://www.ethanolrfa.org/exchange/entry/as-prices-at-the...

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