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It even goes deeper than that. We have it because the government wants less oil used and they subsidize it. They call it saving the planet. The government pays the ethanol plant's to make ethanol. If they didn't, we would have ethanol free fuel, or, the price of corn would be higher.exactly that is the only reason we have ethanol from corn in our gas. i have been saying it for years.
It's another government gimmick that's a waste of tax payers dollars.