Is brazilian ethanol cheap?

Question

Is brazilian ethanol cheap?

Answer 1

Brazilian ethanol price is about 1.87 $ per gallon(June 2008).

http://www.energyandcapital.com/articles...

The us tax on it (54 cents per gallon) will expire in January 2009.

http://ezinearticles.com/?Tax-on-Importe...

Industrial gasoline now costs more than 4 $ per gallon

Answer 2

I dunno about its price but if your car is not intended for ethanol you cannot make your gas engine use it to any real effectiveness.

Answer 3

It costs something like $47 per barrel.  A common misconception is this is the main reason for brazil's energy independence.  The main reason for their energy independence is the oil they produce.  They have discovered more offshore deposits as well which they intend to produce.

Answer 4

Winos are hoping so.