Ethanol Gains Ground in the Fuel Market Thanks to Rising Gasoline Prices

Written by Corporativo

Published on 12/10/2023 at 17:26

Foto: automotivebusiness.com.br

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In The Midst Of Rising Gasoline Prices, Ethanol Emerges As An Economic Alternative For Flex Drivers

New figures reveal that the average cost of ethanol in September represented only 68.4% of the average price of gasoline. This milestone had not been reached since October 2018, when the percentage was at 67.9%. These statistics are provided by the Flex Cost-Benefit Indicator from the Veloe Mobility Data Outlook.

Given the surge in gasoline prices this year, ethanol has emerged as the most economical option for flex-fuel vehicles. Looking at the accumulated data for this year, we see a 4.3% reduction in the price of ethanol, in contrast to a significant 15.9% increase in the average price of conventional gasoline. When comparing September 2023 with the previous month, we observe a 2.1% increase in gasoline prices, while ethanol saw a slight rise of 0.5%. Regionally, Mato Grosso stood out by offering the greatest savings on ethanol, costing only 59.2% of the price of gasoline. On the other hand, in Rio Grande do Sul, gasoline proved to be more competitive, with the price ratio between the two fuels reaching 83%.

The Capitals Show A Preference For Ethanol

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Ethanol Gains Ground in the Fuel Market Thanks to Rising Gasoline Prices

In The Midst Of Rising Gasoline Prices, Ethanol Emerges As An Economic Alternative For Flex Drivers

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Ethanol Gains Ground in the Fuel Market Thanks to Rising Gasoline Prices

In The Midst Of Rising Gasoline Prices, Ethanol Emerges As An Economic Alternative For Flex Drivers

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Dissatisfied with seeing people sleeping on the street, a man named Ryan Donais started building small mobile homes so that homeless people can escape the cold, each equipped with a bed, running water, electricity, and heating.

Consumers eat six times more chicken than in the 1960s, global meat supply quadruples in 60 years, and FAO report reveals the invisible cost on the plate: livestock could drive 80% of the increase in agricultural emissions over the next decade.

Workers were opening a modern road in Dover when they found, 6 meters below the asphalt, a 3,500-year-old boat made of stitched oak and plant fibers.

China has put millions of electric cars on the roads, but now faces the side effect: more than 1 million tons of batteries are expected to go out of use per year by 2030, while the government expands tracking and combats illegal dismantling with environmental risks.

An Indonesian fisherman pulls a mysterious object from the sea and discovers that it is a Chinese underwater monitoring system, part of the so-called Underwater Great Wall that Beijing uses to track submarines and unmanned vehicles in strategic straits of the region.

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