As of October 2007, the rack price of ethanol was $1.79 versus $2.24 for unleaded gasoline--a difference of 45 cents per gallon. The ethanol rack price was 14 cents lower compared to last month's price and 10 cents lower than a year ago. New ethanol production capacity has been depressing prices. Prices are expected to stay low in coming months. Unleaded gasoline's average rack price was six cents lower than last month's price but 62 cents higher than a year ago.