Yep, it's that time of year again when we start to see some amazing prices on E85. This time around, the battle for the lowest prices will pit two fuel retailers against each other in a friendly rivalry that takes place on both sides of the St. Croix River dividing Minnesota and Wisconsin. The so-called "Biofuel Border Battle" lasts for just two hours on May 27th, but the remarkably low price of just $0.85 a gallon should draw a considerably amount of interest.
According to an article by Bloomberg, ethanol prices will stop descending; they have been going low since 2001. Ethanol is actually a 43 percent cheaper than one year ago and is currently cheaper than gasoline (2.20 USD/gallon). Predictions say that this difference will still be held throughout 2007.