official nebraska government website

Ethanol and Unleaded Gasoline Average Rack Prices

As of May 2007, the rack price of ethanol was $2.46 versus $2.66 for unleaded gasoline--a difference of 20 cents per gallon.  The ethanol rack price was nine cents higher compared to the price in April but 58 cents lower than a year ago.  Unleaded gasoline's average rack price was 41 cents higher than the price in April and 48 cents higher than a year ago.  Gasoline prices have risen in response to scheduled and unplanned outages at refineries, an increase in demand due to crop planting and the driving season, and the backwardation in some arenas of the markets.