All the complaining about high ethanol prices may soon come to an end. Reports are that ethanol prices appear to be leveling out and should start falling. An article in the Waterloo Cedar Falls Courier today quotes Tami Foster, an energy data analyst with the Iowa Department of Natural Resources.
Foster said high ethanol demand on the east and west coasts has stabilized. At the same time more ethanol production capacity is coming on line in Iowa and elsewhere.
That means several months of rising ethanol prices may be at an end, Foster said. And she predicts in a week or so ethanol’s price at the pump will fall back below regular unleaded.