Those cost savings allow it to turn, say, two bales of hay into five gallons of ethanol for less than $1 a gallon, the company said. Corn-based ethanol costs $1.40 a gallon to produce, according ...

“So, every gallon of ethanol that gets blended comes with an RFS credit that is today worth about $1.50 a gallon,” he says.

Sheetz, a major mid-Atlantic gas station, restaurant and convenience chain, has lowered its price for flexible fuel to $1.85 a gallon through April 30. E85, or flexible fuel, is offered at more ...