by: John MatareseJames Weser
(WHTM) – The Biden administration just gave gas stations the go-ahead to sell E15 gasoline year-round this year to help drivers save on gas.
But does the E15 really save you money?
Regular gasoline is 10% ethanol in most parts of the United States. With that 10% ethanol from corn, to wean off our addiction to oil. E15 is 15% ethanol.
Get daily news, weather, breaking news and alerts straight to your inbox! Sign up for abc27 newsletters here.
All cars sold since 2001 are supposed to be able to drive on it without any problems. E15 tends to be $0.10 cheaper than gasoline, but the U.S. Department of Energy says E15 contains less energy than gasoline and can reduce mileage by up to 5% .
So while you might save 5% on your fill-up, your car might get 5% less mileage, causing those savings to evaporate.
But, according to the “it doesn’t stink” dossier, the other downsides of burning ethanol in your car:
- It takes a lot of corn (and water to grow that corn) to produce it.
- Not for classic cars over 25 years old, as it can damage rubber fuel lines.
- It is not available at many gas stations. So a five-mile drive to find the cheapest fuel will eat up all the money you save buying it.
Remember, if you have to drive several miles to find a cheaper form of gasoline, it’s probably not worth it. This way you don’t waste your money.